12-14-2014
http://www.nytimes.com/2014/12/14/u...y-bills-send-shivers-in-new-england.html?_r=1
Energy Bills Send Shivers in New England
John York, who owns a small printing business here, nearly fell out of his chair the other day when he opened his electric bill.
For October, he had paid $376. For November, with virtually no change in his volume of work and without having turned up the thermostat in his two-room shop, his bill came to $788, a staggering increase of 110 percent. This is insane, he said, shaking his head. We cant go on like this.
For months, utility companies across New England have been warning customers to expect sharp price increases, for which the companies blame the continuing shortage of pipeline capacity to bring natural gas to the region.
New England already pays the highest electricity rates of any region in the 48 contiguous states because it has no fossil fuels of its own and has to import all of its oil, gas and coal. In September, residential customers in New England paid an average retail price of 17.67 cents per kilowatt-hour; the national average was 12.94 cents.
National Grid, the largest utility in Massachusetts, expects prices to rise to 24.24 cents, a record high.
http://www.nytimes.com/2014/12/14/u...y-bills-send-shivers-in-new-england.html?_r=1
Energy Bills Send Shivers in New England
John York, who owns a small printing business here, nearly fell out of his chair the other day when he opened his electric bill.
For October, he had paid $376. For November, with virtually no change in his volume of work and without having turned up the thermostat in his two-room shop, his bill came to $788, a staggering increase of 110 percent. This is insane, he said, shaking his head. We cant go on like this.
For months, utility companies across New England have been warning customers to expect sharp price increases, for which the companies blame the continuing shortage of pipeline capacity to bring natural gas to the region.
New England already pays the highest electricity rates of any region in the 48 contiguous states because it has no fossil fuels of its own and has to import all of its oil, gas and coal. In September, residential customers in New England paid an average retail price of 17.67 cents per kilowatt-hour; the national average was 12.94 cents.
National Grid, the largest utility in Massachusetts, expects prices to rise to 24.24 cents, a record high.
