Utilities: Power prices drop, but cause of price spike remains RSS Feed

Recorder Staff
Thursday, July 23, 2015
(Published in print: Friday, July 24, 2015)

GREENFIELD — After a winter that saw major increases in electric bills across the region, rates have dropped back to more normal warm-weather levels.

While those big fluctuations showed up in monthly electric bills, retailers like Eversource Energy — which are regulated by the state — say they were just passing along hikes by wholesale electricity producers, which aren’t regulated.

And those power generators contend the root cause of the spike in their wholesale power prices — an inability to get enough natural gas into New England — hasn’t changed. That means next winter could bring another roller-coaster ride of price changes.

Read full article at GazetteNET