|
Home | Forums | Gallery | Webcams | Blogs | YouTube Channel | Classifieds | Calendar | Register | FAQ | Donate | Members List | Today's Posts | Search |
|
Thread Tools | Display Modes |
12-09-2022, 09:06 AM | #1 |
Senior Member
Join Date: Feb 2005
Location: Gilford, NH and Florida
Posts: 2,897
Thanks: 644
Thanked 2,153 Times in 900 Posts
|
Eversource files for rate decrease.
It seems like good news, but the new rate would still be nearly double the rate for last February of 10.7 cents per kilowatt hour.
https://www.wmur.com/article/eversou...12822/42192671 |
12-09-2022, 09:37 AM | #2 |
Senior Member
Join Date: Jun 2021
Posts: 2,978
Thanks: 2
Thanked 529 Times in 435 Posts
|
Eversource purchases a lot of natural gas generated electricity...
So since we are shipping a lot of LNG overseas, the demand and price is high. We are up about 6 billion cubic feet per day in production, but are rig count is still down a bit from where it was pre-covid. It really fell of the cliff during covid and hasn't all come back online. The problem is while the US has rather steady to slightly increasing demand (single digit percentage wise) European and Asian fluctuations put companies in a tough spots for matching production with demand. |
Bookmarks |
|
|