NEPGA: Canadian Hydro Contracts Could Cost Consumers $777M Annually

NEPGA came out on May 4 with a statement claiming that MCEP “dramatically underestimates the cost of outsourcing a third of Massachusetts’ electricity market in the form of subsidized contracts to provincially owned utilities, such as Hydro-Quebec. These contracts would undermine the electricity markets today driving competitive pricing, [and] dramatically lower … reliability for consumers.”

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