Rate Inflation in New England (perils of political electricity)

“Electricity bills in New England are poised to experience a sharp increase driven by the clean energy mandates in five of the six states, which require duplicative, overbuilt renewable energy.” Connecticut ratepayers suffered sticker shock this summer when they opened their July electric bills. While their energy consumption was relatively flat, the “public benefits” component … Continue reading Rate Inflation in New England (perils of political electricity)