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).
ESG & Industry Updates
Energy in the News - Are Utility Rate Reductions Really A Positive?
Posted by Ed Burke on Aug 8, 2013 1:09:00 PM
Topics: EIA, Hurricane Sandy, Utility Rates, Emergency Fuel, Massachusetts
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