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Old 01-31-2014, 02:45 PM   #3
MAXUM
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Originally Posted by TheProfessor View Post
I read that New Hampshire exports electricity. That NH has more then enough electricity. All electric customers will be charged on their monthly electric bill the cost to expand this natural gas pipeline. Each and all electric bills will increase for the construction of this natural gas pipeline partly used for the generation of electricity.

New England's six governors stepped into uncharted territory Thursday, asking the region's electric grid to help pay for new natural gas pipelines to ease supply constraints.

The governors announced a pact in December to push for regional investment in natural gas pipelines, and the request, in a letter to grid operator ISO New England, marked the first coordinated effort.

Currently, New England electricity customers pay a winter premium for power because the region lacks adequate pipeline capacity for power plants. That situation contributed to the Jan. 1 hike in electric bills, and on Thursday pushed wholesale electricity markets above $400 a megawatt hour, while normal days average closer to $60.

Under the plan, ISO New England would raise money for the pipelines by levying an additional fee on power plants, which would then pass the cost along to customers in their prices. The idea is to jumpstart construction of pipelines because, the governors say, the gas industry isn't moving quickly enough.

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So when this is all constructed on our dime I should expect a kick back with interest right?
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