Increasing customer debt and electricity prices spell trouble for all


Rising electricity prices and mounting customer debt (and the added complication of inflation) = suffering for all, according to the National Consumer Law Center. Apparently, retail electricity prices went up last year at their fastest rate since 2008 – the $0.1372/kWh price is the “highest on record” according to the EIA. In Massachusetts alone, customer energy past dues total more than $500 million.