On February 26, 2020, Eversource announced a deal to purchase all $1.1B of Columbia Gas assets from their parent company NiSource, setting the stage for their operations to be managed by the largest energy player in the New England area. This means electric customers who also received Columbia Gas service will be controlled by a….
Last week, the Baker administration and three utilities unanimously selected Mayflower Wind to provide 804 MW of clean offshore wind capacity to Massachusetts, which is enough capacity to power approximately half a million homes. With this selection, the state is poised to reach the 1.6 GW of offshore wind capacity required by a 2016 state….
The federal solar tax credit, formally known as the solar Investment Tax Credit (ITC), is set to reduce in 2020. Given that it is mid-to-late October, this means you only have two months or so to take advantage of the credit before it reduces. Until 2020, the credit is equal to 30% of the qualified….
Even though California and New England are two parts of the United States most committed to reducing greenhouse gas (GHG) emissions, they are behind on their 2050 goals, according to several recent reports. For example, California aims to reduce emissions by 80% below 1990 levels by 2050. A report from Next 10 released on October….
According to ISO-New England’s 10-year assessment of the region, New England’s electric grid is energy constrained. In its draft 2019 Regional Assessment Plan, ISO, which operates New England’s power grid, detailed the constraints facing the region: while the region is becoming cleaner and more efficient—and it has seen coal, nuclear, and oil generation retire—it still….
Last February, the New Hampshire Site Evaluation Committee (SEC) denied an essential state permit for Northern Pass Transmission, an Eversource project that would bring hydropower from Canada to Massachusetts. At the time, the denial appeared to call the project into question. But the conversation has shifted from New Hampshire to western Maine and the $950….
The recent ISO – New England forward capacity auction conducted on February 4th corresponding for the period of 2022 – 2023 resulted in a clearing price of $3.80/kW/month, an 18% price reduction from last year’s auction of $4.63/kW/month for 2021 – 2022. This comes as very positive news, quelling the unsettling predictions on shortage of….
This week, National Grid filed proposed basic service electric rates with the Massachusetts Department of Public Utilities (DPU) for Large Commercial and Industrial customers in Massachusetts. These proposed rates (subject to DPU approval) would be effective starting February 2019 and are shown below in $ per kWh: SEMA: February 2019 – 19.249 March 2019- 16.031 ….
Eversource Energy (formerly known as NSTAR) filed basic service electric rates with the Massachusetts Department of Public Utilities (DPU) for the period starting January 1, 2019. The rates are effective starting January 1, 2019 and are for the period of January 1 – June 30, 2019. The proposed electric rates (subject to DPU approval) are….
This week, National Grid filed proposed basic service electric rates with the Massachusetts Department of Public Utilities (DPU) for commercial and industrial customers in Massachusetts. The rates are effective starting November 2018. Proposed rates (subject to DPU approval) are below, in $ per kWh. It is worth noting the SEMA Industrial rate for January 2019….