ENER Massachusetts Energy Companies Announce 64% Increase in Electricity Rates Beginning November 1st

Buick Electra

TB2K Girls with Guns
HOLEE CRAP!! (And I know Illinois is going to be as bad if not worse!)

SEE VIDEO AT LINK!


Massachusetts Energy Companies Announce 64% Increase in Electricity Rates Beginning November 1st​


September 22, 2022 | Sundance | 264 Comments

National Grid and Eversource are the two major electricity providers for Massachusetts. Both companies have notified the Department of Public Utilities (DPU) that rates for electricity are about to skyrocket.

National Grid has announced a 64% increase in electricity rates effective November 1st. While Eversource is on a different schedule, they too have announced an increase in natural gas rates of 38% on November 1st and the January 1, 2023, electricity rate will be announced in the next few weeks. Eversource is anticipated to announce a similar rate increase to National Grid. WATCH:

Both major power companies rely on natural gas to create electricity. Thanks to Joe Biden’s energy policies, which includes the massive export of natural gas in LNG form, domestic prices for natural gas have skyrocketed and will continue increasing as production is further shut down by regulation.

We are helping the EU survive their sanction driven energy crisis by sending them natural gas (LNG format), while simultaneously forcing Americans to pay more in order to maintain the EU export. Everything about the process is FUBAR.

Massachusetts – […] National Grid said the monthly bill of a typical residential customer using 600 kilowatt-hours of electricity will increase from $179 last winter to about $293 this winter, an increase of about 64%. National Grid said the delivery portion of electric bills will basically remain flat.

“National Grid buys electricity on behalf of its customers from the wholesale power market through a regulatory approved process established 20 years ago. That process has served customers well over the years and provides flexibility for unforeseen events, like limited supplier response to solicitations. But things have fundamentally changed,” Helen Burt, the company’s chief customer officer, said in a statement. “Today, under a sustained, high market price environment, it is challenging to maintain affordable prices. Given that, we think it’s a good time to work with our regulators and other stakeholders to review the process and electricity supply dynamics in the region, with an eye toward reducing price volatility and maintaining a secure, reliable and resilient energy system for the future.”

The company also announced that its natural gas rates are expected to rise on Nov. 1. They said they have a pending proposal with the state Department of Public Utilities that would result in the monthly bill for an average Boston Gas residential heating customer using 115 therms per month of $278, an increase of $50, or 22%, compared to last winter’s rates.

Eversource, the state’s other major electric provider, said in an email that it is on a different schedule than National Grid for setting its electric rates so no increases are currently planned.

“We file electric base service rates twice per year with the DPU,” company spokesman Chris McKinnon said. “Our last change was on July 1, 2022 and our next change will be January 1, 2023, which we will be filing for in the coming months.”

Over the border in New Hampshire, Eversource announced in July that electric rates would be doubling for many residents due to higher natural gas prices fueled in part by the war in Ukraine.

Eversource did announce Wednesday that it has submitted a proposal to the Department of Public Utilities seeking to raise its natural gas rates. They said their average residential customer using 126 therms of gas a month would see an increase of about 38%, or $86 on their natural gas bill over last winter. Those rate increases would take effect Nov. 1. (read m0re)
 

Txkstew

Veteran Member
Entergy Texas gets to pass on a fuel adjustment increase automatically. No need for the PUC to approve the bump up. Sometimes they over shoot, and we get a credit on our bill months later, usually prorated over three months.
 

db cooper

Resident Secret Squirrel
At what point do the people start revolting against these crazy policies?
We are talking Massechessets, home of Ted Kennedy (aka "The Swimmer"), John Kerry (did you know he was in Vietnam?) and Elizabeth Warren (aka Liawatha). People that are in perpetual love with these sorts certainly would not revolt against their lords and masters. They've likely been brainwashed into believing cost hikes like this are just part of the adjustment in relieving climate change.
 

tnphil

Don't screw with an engineer
Our electric bills were  way up this summer. "Normal" highest bill was maybe $300 in 2021. In July 2022, it was $456.
Our house is 100% LED lighting and has been for many years. I even replaced the outside halogen floods with LED floods. All light switches (and lamps) are on wifi control and scheduled to turn off automatically in case we forget.

We have some of the cheapest rates in the country, I feel sorry for those elsewhere.

Our electric coop included a fact sheet for levelized billing that indicated TVA's fuel cost adjustment had gone up 146% since August 2021.
 

Dobbin

Faithful Steed
We are talking Massechessets, home of Ted Kennedy (aka "The Swimmer"), John Kerry (did you know he was in Vietnam?) and Elizabeth Warren (aka Liawatha).
Also Massachusetts which is the state which contained "The filthy five." Brayton Point Station, Salem Harbor Station, Mt. Tom, Montaup, Mystic Station. All of whom burned COAL which the United States is particularly blessed with 700 years of proven reserves.


Good write up from 2013 outlining the Filthy Five, their up to then "pass" on emissions, the planned (then) closure and its effects, including developing an over-reliance on Natural Gas as fuel. The article is prescient however.
The loss of these plants makes the region particularly vulnerable to price spikes in natural gas, a reality reflected this winter by a big surge in electricity rates. For National Grid’s customers, for example, the typical monthly bill will rise nearly 20 percent in the upcoming November-April period from a year ago.

So - in effect - like the German state, Massachusetts has done it to themselves. Greta is smiling.

GettyImages-1167999508.jpg


Owner says "I shed no tears - I buy LED when possible."

And "Edison promised that the electric light would make it so only the rich can burn candles."

Owner may be right - but the price advantage of electric lighting is a lot closer than it used to be.

Dobbin
 
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Dr. G

Senior Member
Florida's FPL, (Florida Power and Light), requested a 15% rate increase, to be effective Jan 1st. I don't know if it's been approved...yet, (like it won't be).
 

Dobbin

Faithful Steed
Florida's FPL, (Florida Power and Light), requested a 15% rate increase, to be effective Jan 1st. I don't know if it's been approved...yet, (like it won't be).
Unlike Massachusetts which has closed two nuclear power plants and now has none, Florida is fortunate to have invested heavily in NUCLEAR. Which - until the next re-fueling - sort of "bakes in" the price.

Even so, fuel is actually a very small part of generation cost of a nuclear power plant.

Google query:
How many nuclear power plants are in Florida?
five
Florida is home to five commercial nuclear reactors located at three sites, Crystal River, St. Lucie (Jensen Beach) and Homestead. The reactor located at Crystal River Nuclear Power Plant Site has been decommissioned for some time now and there are no plans to restart it.

So in effect, four. Total Megawattage about 4000.

Owner has worked in all four (two sites) doing "uprates" for his then employer, a fortune-500 multinational corporation.

He says with the four uprates it was like building a single nuclear plant of equal capacity to an original.

Dobbin
 

CaryC

Has No Life - Lives on TB
Apparently, the rest of the world has been buying up our natural gas. There is supposed to be a shortage in the New England area.
Yeah saw an article a couple of days ago, that the New England states had a do-hickey where they couldn't buy gas from New Orleans ports so will be importing their nat, gas from Europe, at extortion prices.

So like bad ol' gas companies......

instead of stupid government.
 

Luddite

Veteran Member
Will remind readers of two guys.
Pielke (iron law of climate change)

Bryce (iron law of electricity)
Bryce robbed his saying apparently from Pielke.
"When forced to choose between dirty electricity and no electricity, people will choose dirty electricity EVERY time"

I won't guess how this resolves but the Kerry's, Gates and Schwabs of the world might be unpleasantly surprised.

Older article posted months ago

Fair Use


Robert Bryce
Contributor

Aug 30, 2021,

///snip

Over the past five years, I’ve written a book about electricity, co-produced a feature-length documentary film about it (Juice: How Electricity Explains the World), and launched a podcast that focuses largely on energy and power. I’m convinced that Pielke’s claim is exactly right and should be extended to electricity and dubbed the Iron Law of Electricity which says, “when forced to choose between dirty electricity and no electricity, people will choose dirty electricity every time.”
 
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Dobbin

Faithful Steed
One of my Dad's favorite sayings, is when he was young it was said that electricity would be so cheap, some may get it for nothing.
Owner shakes his head when he hears again Eisenhower's comment about "making nuclear power electricity too cheap to meter."

His comment: "If it was that cheap they would make a reason to raise the price - and it appears they have."

Perhaps with good reason considering the "potential hazard" of the machine?

Dobbin
 

CapeCMom

Veteran Member
The only thing I will say about one of the nuclear power plants and I am referring to (Pilgrim) Plymouth, I am glad it’s gone. They had a horrible safety record. Too many violations, incidents etc. It was too old. It didn’t even have cooling towers. It was in a non hardened building. Being on the Cape we had no escape if something bad happened. Yes you could take the other bridge to drive in the other direction but so would thousands of others and it would have been impossible.
 

Griz3752

Retired, practising Curmudgeon
HOLEE CRAP!! (And I know Illinois is going to be as bad if not worse!)

SEE VIDEO AT LINK!


Massachusetts Energy Companies Announce 64% Increase in Electricity Rates Beginning November 1st

September 22, 2022 | Sundance | 264 Comments

National Grid and Eversource are the two major electricity providers for Massachusetts. Both companies have notified the Department of Public Utilities (DPU) that rates for electricity are about to skyrocket.

National Grid has announced a 64% increase in electricity rates effective November 1st. While Eversource is on a different schedule, they too have announced an increase in natural gas rates of 38% on November 1st and the January 1, 2023, electricity rate will be announced in the next few weeks. Eversource is anticipated to announce a similar rate increase to National Grid. WATCH:

Both major power companies rely on natural gas to create electricity. Thanks to Joe Biden’s energy policies, which includes the massive export of natural gas in LNG form, domestic prices for natural gas have skyrocketed and will continue increasing as production is further shut down by regulation.

We are helping the EU survive their sanction driven energy crisis by sending them natural gas (LNG format), while simultaneously forcing Americans to pay more in order to maintain the EU export. Everything about the process is FUBAR.

Massachusetts – […] National Grid said the monthly bill of a typical residential customer using 600 kilowatt-hours of electricity will increase from $179 last winter to about $293 this winter, an increase of about 64%. National Grid said the delivery portion of electric bills will basically remain flat.

“National Grid buys electricity on behalf of its customers from the wholesale power market through a regulatory approved process established 20 years ago. That process has served customers well over the years and provides flexibility for unforeseen events, like limited supplier response to solicitations. But things have fundamentally changed,” Helen Burt, the company’s chief customer officer, said in a statement. “Today, under a sustained, high market price environment, it is challenging to maintain affordable prices. Given that, we think it’s a good time to work with our regulators and other stakeholders to review the process and electricity supply dynamics in the region, with an eye toward reducing price volatility and maintaining a secure, reliable and resilient energy system for the future.”

The company also announced that its natural gas rates are expected to rise on Nov. 1. They said they have a pending proposal with the state Department of Public Utilities that would result in the monthly bill for an average Boston Gas residential heating customer using 115 therms per month of $278, an increase of $50, or 22%, compared to last winter’s rates.

Eversource, the state’s other major electric provider, said in an email that it is on a different schedule than National Grid for setting its electric rates so no increases are currently planned.

“We file electric base service rates twice per year with the DPU,” company spokesman Chris McKinnon said. “Our last change was on July 1, 2022 and our next change will be January 1, 2023, which we will be filing for in the coming months.”

Over the border in New Hampshire, Eversource announced in July that electric rates would be doubling for many residents due to higher natural gas prices fueled in part by the war in Ukraine.

Eversource did announce Wednesday that it has submitted a proposal to the Department of Public Utilities seeking to raise its natural gas rates. They said their average residential customer using 126 therms of gas a month would see an increase of about 38%, or $86 on their natural gas bill over last winter. Those rate increases would take effect Nov. 1. (read m0re)
And yet this AM on CBS Local news, there was a clip about communities/counties passing bylaws to outlaw cooking or heating w/ gas.

Granted it seems most are DNC Dominated state (PRofCalifonia being in the lead - no surprise I'm sure) and they were ready with their skewed stats on pollution equivalencies to IC engines.

Now would be a good time to start a list of all the head Honchos in the Domestic Green Electric Provider cabal.
 
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marsh

On TB every waking moment
The new debate is over windfall profit taxes. Instead of creating an environment for new investment in exploration and development, the UN is demanding "polluter pays" claims to fund third world development.
 
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