Connecticut’s energy problems aren’t new, in fact the prices we pay for energy began to seriously diverge from the prices quoted on the ISO-NE in 2006, and twice a year for the last twenty years, Connecticut’s utilities have signed electricity contracts committing to rates which not only significantly exceed the cost of electricity on our wholesale market, but also dramatically exceed estimates of average returns on energy futures and forwards in other markets as well.
thanks for the background... I heard Senator Needleman mention the early 00s as the starting point of the deregulation (for lack of a better word). A group of us have been discussing community choice aggregation and if it's even an alternative (wishful thinking, mostly... I have no idea how to even BEGIN to address it outside of a coffee klatch) but as it stands.. things are getting way out of control and it does not have to be like this. As always, thanks for the thoughtful writeup!!
You're welcome! I was just talking to someone about CCA the other day, I've still got a lot of reading to do but my impression is sort of mixed - if it can create competition that pushes for procurement reform then it seems like a good thing, but having procurement centered in a public forum with formal procedures like the PURA review system seems important too.
thanks for the background... I heard Senator Needleman mention the early 00s as the starting point of the deregulation (for lack of a better word). A group of us have been discussing community choice aggregation and if it's even an alternative (wishful thinking, mostly... I have no idea how to even BEGIN to address it outside of a coffee klatch) but as it stands.. things are getting way out of control and it does not have to be like this. As always, thanks for the thoughtful writeup!!
You're welcome! I was just talking to someone about CCA the other day, I've still got a lot of reading to do but my impression is sort of mixed - if it can create competition that pushes for procurement reform then it seems like a good thing, but having procurement centered in a public forum with formal procedures like the PURA review system seems important too.