The state’s largest electric company has asked for a winter price hike. Even after the increase Public Service of New Hampshire will still have the lowest winter rate of any utility in the state.
PSNH has asked regulators for an energy rate of 10.56 six cents per kilowatt hour, an increase from the current rate of 9.87 cents per kWh. The utility estimates that for an average rate-payer, using between 500 and 700 kWh per month, bills will rise somewhere between $5 and $8.
At a forum on New England’s energy challenges at St. Anselm College, a panel of supporters of an energy proposal by the six New England Governors fielded tough questions. The plan is to pay for natural gas pipelines and transmission lines through a new charge on the electric bills of customers throughout the region.
The panel of state energy officials from New Hampshire, Maine, Massachusetts, and Rhode Island defended the governors’ plan, while some in the audience suggested the plan amounted to picking winners and losers.
A major spill of heavy crude oil in Arkansas couldn’t come at a worse time for the Canadian tar sands industry - though President Obama has hinted he’s preparing to green-light the much-debated Keystone XL pipeline, any push in the wrong direction could finish the project before it even begins. Meanwhile a new report from the Canadian Imperial Bank of Commerce says that, without new pipelines to help ease production bottlenecks, Canada will be missing out on an estimated 15 billion dollars annually.