View Single Post
Old 09-24-2022, 10:09 AM   #113
John Mercier
Senior Member
 
Join Date: Jun 2021
Posts: 2,975
Thanks: 2
Thanked 529 Times in 435 Posts
Default

The Eversource rate hikes are mostly to upgrade the lines.
Can't build all these new homes and not upgrade the lines that supply the electricity.

The actual power hike is due to the increase in natural gas prices.
We used to have to sell to the US... because pipelines don't extend to Europe from here. But with the LNG option, and federal changes to open those markets, we have been building facilities to export.

Eversource gave us plenty of options to curtail this... we just didn't avail ourselves of them.
John Mercier is offline