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.
C.N. Brown is the latest to offer competitive electricity rates across much of Maine. The heating oil company that operates gas stations and Big Apple convenience stores is now branching into the electricity market.