MASSACHUSETTS UTILITY CUSTOMERS who switched to competitive electricity suppliers paid $177 million more over a two-year period than if they had stayed with the local utility company (National Grid, Eversource, or Unitil) as detailed in a thoroughly documented March 2018 report by Attorney General (AG) Maura Healey. An April 2018 report from the National Consumer […]
Jenifer Bosco
Posted inOpinion
Time to hit the off switch on electricity sellers
IN 1997, MASSACHUSETTS PASSED the Electric Restructuring Act to “promote the prosperity and general welfare of its citizens . . . by restructuring the electricity industry in the Commonwealth to foster competition and promote reduced electricity rates.” But the residential market for competitive electric supply never worked as hoped, and the competitive market has instead increased […]