Utility rate roundup: Decreases for Eversource and Unitil, controversy for Liberty (HADLEY BARNDOLLAR, DECEMBER 18, 2023, NH Bulletin)
The U.S. Energy Information Administration expects natural gas prices to decline by 24 percent from last winter. In New England, natural gas is used to produce roughly half of the region’s electricity.
Last year’s exorbitant cost of energy was mainly attributed to the war in Ukraine, the region’s overreliance on natural gas, and extreme weather events, utilities have said.