Eversource Lowering Rates

[TiltonBB]

From Eversource:

Two rate changes will be implemented beginning Feb. 1. Overall, customers should expect a decrease to their bill. Your total bill will depend on how much energy is used, the rate you’re on, and weather conditions.

The Energy Supply rate will decrease by approximately 10% and will be in place through July 31, 2023. The cost of energy supply is dropping from $0.22566 to $0.20221 per kWh.

The average customer using 600 kWh per month will see about a $11.55 or 5.7% decrease in their total bill compared to January if Eversource is your energy supplier.

While the energy supply rate did decrease, overall, the price of electricity still remains high compared with previous winters primarily due to the global demand for natural gas. Natural gas is the primary fuel source for electric generation in New England.

[John Mercier]

https://www.iso-ne.com/isoexpress/web/charts

According to the real time, at 10Am... we are actually burning some coal.

[TiltonBB]

Originally Posted by John Mercier

https://www.iso-ne.com/isoexpress/web/charts

According to the real time, at 10Am... we are actually burning some coal.

"We" ? You work for them too?

[John Mercier]

I am a resident of New England.
And an Eversource customer,

The ISO NE is actually a federal agency.
It doesn't directly own transmission or generation facilities.

So ''we'' is more of a general term for the residents of the region.
Though I probably own stock in several of the generation and transmission corporations as part of a mutual fund within my portfolio.

[granitebox]

Originally Posted by John Mercier

I am a resident of New England.
And an Eversource customer,

The ISO NE is actually a federal agency.
It doesn't directly own transmission or generation facilities.

So ''we'' is more of a general term for the residents of the region.
Though I probably own stock in several of the generation and transmission corporations as part of a mutual fund within my portfolio.

It was a rhetorical question -

[John Mercier]

It wasn't rhetorical.
It was a snide remark.

[Susie Cougar]

I don’t think it was a snide remark. I think it was an attempt at humor and it went over your head.

[LIforrelaxin]

Here is the key, if you want lower electric rates, think Nuclear..... Unfortunately because of a steep learning curve, we have moved away from it.... even though it runs our Naval Fleet.....

[John Mercier]

Originally Posted by Susie Cougar

I don’t think it was a snide remark. I think it was an attempt at humor and it went over your head.

The pronoun choices are ''I'', ''They'', or ''We''.

It didn't go over my head.

[John Mercier]

Originally Posted by LIforrelaxin

Here is the key, if you want lower electric rates, think Nuclear..... Unfortunately because of a steep learning curve, we have moved away from it.... even though it runs our Naval Fleet.....

I don't know if it is a learning curve... other than private industry has been a bit reluctant. It is a fair amount of our base generation capacity.

Our hydro is rather small, and can't be fully utilized based on demand, the lakes would fluctuate too much.

NG has been the choice to replace coal and oil for at least the last decade. It has the right thermal properties, lower emissions, and can easily handle the distance from the base load to the peak.

[Biggd]

Originally Posted by Susie Cougar

I don’t think it was a snide remark. I think it was an attempt at humor and it went over your head.

Nothing goes over his head!

[fatlazyless]

Just south of Plymouth NH, actually abutting the town line on Rt 3/25 in Bridgewater NH is an electricity generating plant that burns wood chips to power a steam turbine that creates electricity that goes somewhere via its' power line to the power grid.

It apparently does not have its own website.

Besides the clean looking mix of white steam and white smoke that shoots out its tall smoke-stack is that it gives work to a lot of locals who cut the trees, grind up the wood chips and drive the big trucks loaded with wood chips to the plant.

Most of the tractor trailers haul'n wood chips are older trailers with the upper half of the two rear doors cut away, to load and unload their heavy load of wood chips.

Unlike nuclear, natural gas, oil, hydro, wind or sun powered electric utilities this Bridgewater Power Plant puts everyday local guys to work who supply it with wood chips and that is a very big difference. It makes electricity and it also spreads the money around to local NH guys from northern NH, north of the notch.

[John Mercier]

Not with only three choices.
I am sure ''They'' would have also issued a response.

Basically, I am spending my time focused on the new IECC specifications.
We've been so busy we are all way behind the curve.

[TheProfessor]

Originally Posted by LIforrelaxin

Here is the key, if you want lower electric rates, think Nuclear..... Unfortunately because of a steep learning curve, we have moved away from it.... even though it runs our Naval Fleet.....

Thank you for bringing back the OP's topic.

[John Mercier]

The CT PPA for Millstone was above the market rate when entered into... it ends in 2029.

The VT PPA for Seabrook (NextEra... I have stock) goes until 2035(?).

It doesn't appear that any of the other sites with significant transmission infrastructure is being looked at... though I believe the technology exists.