ssj2killergoten t1_iwyzbjm wrote
Reply to comment by Dramatic_Mechanic815 in Eversource customers could face another rate hike as utility tries to lock in new contract by netnothing
Every six month Eversource forecasts how much power they’ll need to buy to supply their customers. They then put a bid out for that amount. Power producers send in their bids. This latest cycle produced “very few” bids so they are saying that people need to prepare for prices to go up. There are challenges to producing power in the winter so my understanding is that producers charge more during these months.
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