BeerPizzaGaming OP t1_j63pmg3 wrote
Reply to comment by ctrealestateatty in EVERSOURCE NEEDS TO ISSUE REFUNDS. Nat gas trading @ $2.83 Henry Hub which is down about 70% since August peak. by BeerPizzaGaming
It does....Perhaps you should read what I wrote and educate yourself before you make idiotic statements.
The natural gas market has been in free fall since August. This is directly correlated to what we pay given the rate is set for 6 month periods. Unfortunately/ fortunately there is not a monthly variance tied to the price of natural gas. There are many issues in play but CT pays the 3rd highest rate only behind Hawaii (whom has to ship all gas in) and Maine. A substantial portion of Eversources profits come from CT relative to the other states they serve. The most recent rate (effective on Jan 1) was set when prices were at their peak.
TheAnt06 t1_j63rlkj wrote
EdUcAtE yOuRsElF
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