The EIA is projecting lower heating bills for consumers this winter - especially if you use propane or oilheat versus Natural Gas.
This week a Federal Judge ruled that New England utility companies guaranteed profit rates are too high at their current rate of 11.1% and advised they be dropped to 9.7%. According to boston.com, this is projected to save electricity customers in Massachusetts approximately 50 million dollars a year (out of 115 million for New England as a whole).
Topics: EIA, Hurricane Sandy, Utility Rates, Emergency Fuel, Massachusetts