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Cheap fuel, stagnant demand drive down New England wholesale prices

By: Robert Walton | New England power customers scored a good deal last year, with prices falling to one of the lowest points in the last 15 years, according to analysis from the region’s grid operator. With almost half the region’s power generation fueled by natural gas, the lower prices were mirrored on the fuel … Read more

National Grid reviewing proposed rate hikes amid new tax law

By: The Eagle | National Grid says it’s reviewing its proposed rate hikes as a result of the new federal tax law. WPRI-TV reports the state Public Utilities Commission has asked the company to recalculate how much of an increase it needs given that the new law cut corporate taxes. PUC spokesman Thomas Kogut says … Read more

Electric, gas bills would rise under National Grid hikes

By: Alex Kuffner | National Grid, the dominant utility in Rhode Island, is seeking increases in its distribution rates that would see residential electric bills rise by 6 percent and gas bills go up by 5 percent in late 2018. The proposal filed Monday afternoon with the state Public Utilities Commission represents the first hike … Read more

Electric, gas bills would rise under National Grid hikes

By: Alex Kuffner | National Grid, the dominant utility in Rhode Island, is seeking increases in its distribution rates that would see residential electric bills rise by 6 percent and gas bills go up by 5 percent in late 2018. The proposal filed Monday afternoon with the state Public Utilities Commission represents the first hike … Read more

Electric Capacity Markets Are Failing the Northeast

By: Bill Bottiggi | This week, Boston welcomes the Quadrennial Energy Review roadshow to town for a stakeholder engagement meeting. The QER process began in January 2014 when President Obama issued a memorandum directing the administration to translate energy-related policy goals into recommended actions through 2018. Season one of the QER, which ran in 2015, … Read more

National Grid proposes gas rate cut: R.I. heating bills would drop by 10%

By: Alex Kuffner | For the second year in a row, Rhode Islanders who heat with natural gas will see a substantial drop in their bills under a proposal submitted by National Grid to state regulators. Because of the availability of cheap gas from shale fields in Pennsylvania and other states, National Grid is proposing … Read more

States Move to Protect Retail Electricity Customers

Two states have moved to protect residential customers from aggressive pricing tactics employed by retail suppliers. By: Josh Kessler | Pennsylvania Cracks Down on Variable-Rate Contracts Energy Choice Matters reported that Energy Services Providers agreed to a settlement under which it would return $2.3 million to customers of its Pennsylvania subsidiary Pennsylvania Gas and Electric … Read more

Fuel prices fall, electricity rises: Confused about energy costs?

By: Alex Kuffner | If you’ve been following news about energy lately, you couldn’t help but notice that because of a glut of natural gas on the market and unseasonably mild weather, prices for the fuel have plummeted. So it doesn’t seem to make sense that electric rates for most Rhode Islanders are going up … Read more