There are many commodities that fall under the “energy” umbrella, but natural gas and electricity are the two most applicable to multifamily. To stay up to date on the constantly fluctuating prices of Energy Markets, try bookmarking one or more of these websites:
- RealPage’s Energy Market Outlook: https://www.realpage.com/utility-management/outlook/
- US Dept of Energy’s Short-Term Energy Outlook: https://www.eia.gov/outlooks/steo/
- Natural Gas pricing for this winter: https://www.barchart.com/futures/quotes/NGZ18/overview
Kent works at RealPage and helps apartment firms reduce operating costs related to utilities. You can connect with Kent at LinkedIn.com/in/kentmcd or Twitter.com/AptsKent.