New England’s grid operator says wholesale electricity prices dropped by nearly 23 percent last year thanks to falling natural gas prices and lower demand.
Attorney General Martha Coakley is warning that a new tax in Connecticut could end up costing Massachusetts homeowners and other electricity customers an extra $26 million annually.
The owner of the Salem Harbor Power Station has announced it will close down the facility permanently.
A new study says wind has the potential to supply nearly a quarter of New England’s power within the decade. But massive grid upgrades would be needed to handle that much more wind energy.
Despite the weak economy, electricity consumers in New England have set new records for power use.
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