Old_Travel8423 t1_ix8y0vg wrote on November 21, 2022 at 5:37 PM

Reply to comment by zipykido in Eversource seeks 43% rate hike for electric customers in Mass this winter by madnu

Natural gas prices are volatile now. From $5 last November up to $9 and then recently back down to $5.66. https://fred.stlouisfed.org/series/MHHNGSP

Anything being negotiated now is likely based on futures market prices required to lock in the cost of generating the power. I wonder if the recent drop in natural gas prices will impact regulators’ view on the price increase.