Nheco-op
I think that the CO-OP has a tough gig. With all of the new, big, air conditioned places being built in their area they have to maintain a pretty hefty infrastructure. But many of their customers only use power nine months a year. It has to be costly for them.
I am at work right now and as I write the gas turbine plants are producing 58% of the power being consumed in New England. Since it is Summer and no one is using heat the price of gas is very low and so they can charge way low for their power. Remember, all power plants in New England get paid pretty much the same for the power that they produce. It is run by ISO New England who control what plants run and what we get paid. The cheapest usually get run first until more expensive plants are needed to maintain load.
If you check your NHECO-OP bill you will find that overall we pay about 19 cents per kilowatt hour. The ISO is paying about two to three cents per kilowatt hour to the producers today. That will go up when the air conditioners come on but it is tough to make a buck in the electricity business.
Misty Blue
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