bizjournals: Energy costs aren't bad news for everyone

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From contractors in Columbus to coal miningcompaniezs nationwide, plenty of firms are cashing in on the cost of as individuals and businesses scramble for alternate fuels and more efficiency. "We're just Mike Rosati, president of Rosatk Window Co. in Columbus, Ohio, told . "oI haven't seen anything like it in 27 In Columbus, Business First reports, homeowners are makin g last-minute improvements to stave off heating cost hikes. It'sz a natural reaction to government predictions of natural gas hikew in the 46 percen range and fuel oil increases of abou32 percent.
Rosati told Business First he'rd hired nine extra workers to help keep upwith demand, and expectedf to hire 10 more in the next few Steve Cikach of USA Insulation told Business First he's been planninf for the increase since April -- tripling his advertisintg budget and hiring extra workers -- and expectws business to triple this year. "Withou t a doubt it's pandemonium," Rosati said. "We'rs not even in the same league as last While old-fashioned solutions like better insulation and window and turning down the thermostat are back in so are alternative energy companies, as individual s and companies look for new ways to fuel theire lives.
"The high cost of naturall gas and electricity is making our alternative energy optioneconomically feasible," Dan Eastman, vice president for Microgenh Cogeneration Systems, Inc., told the . Eastman's Colo., firm sells equipment to turn animalk wasteinto energy. It's seein more business from rural electric cooperatives and farmsd and working to strike additional deals arounrthe country. Meanwhile, companies that make solart panels, or photovoltaic systems, are also seeing big increasesdin business, thanks to higher pricesz for other energy sources. As prices for oil and natural gas climbed through thepast year, so have installations of photovoltaifc systems.
"Business is going great and we've been growiny right alongside demand," UniRav Inc. Vice President Hal Newman toldthe . His firm recently announceed plans to double itsmanufacturing space, with business growingb at a 50 perceny clip. It's not just small businesses like those in Columbuse ormore cutting-edge energy technology companiez experiencing a surge thanks to higher natural gas and oil Good old coal companies are burning hot.
reports that the pricde of coal from the central and northerjn Appalachians has doubled in three The Baltimore Business Journal reports thatFoundation Coal, the nation's fourt h largest producer, has seen revenues jump 33 percenrt since 2004. Arch Coal Inc.'s 3rd quarter profit was up 76 the St. Louis Business Journal reported earlierethis week. "We believe that the foundation is in placer for an extended period of attractive coal market dynamicw andstrong pricing," president and CEO Stevehn Leer said, in a statement announcinb earnings. His company expects coal consumptiomn to grow for the third yearin 2005, and to grow agaib in 2006. Patrick senior economist at St.
Louis-based A.G. Edwardas & Sons Inc., told Columbu Business First businesses inthe energy-saving and alternative energhy businesses can expect good times in the immediate future, not just this "Over the next two to three years," he said, "we'rse all in for higher energy costs than we'rr used to." That kind of sentiment has been reflected on Wall which has rewarded Arch Coal, and Peabodg Coal with generally strong stock gaines in the past year, the