Contact Us

Wholesale Electricity Prices Going Down in New England

Jeff J Mitchell, Getty Images

There is some good news and some bad news in this story. First, the good news. New England’s power grid operator says wholesale electricity prices dropped by nearly 23 % regionally last year. 23%! Electricity prices are now at their lowest levels since 2003.

There were a couple of big reasons for that drop, including the decrease in natural gas prices and decreased demand. However, the lower wholesale prices don’t necessarily mean quick drops in monthly power bills. This is the bad news part. Utility regulators in our states set retail rates in advance. Those deals are in place for blocks of time that range from months to years. So, we as the consumers, the payer of the bills, see a delay between the drop in wholesale and retail prices.

More from B98.5

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://b985.fm using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on B98.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on B98.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!