100 Firms Join Energy-Buying Collaborative

December 18, 2014

Worcester Business Journal DECEMBER 9, 2014 More than 100 businesses have signed on to the Massachusetts Manufacturing Energy Collaborative (MassMEC) to reduce energy costs by joining in on bulk purchases of power and natural gas, the Milton-based group announced Tuesday. The group of manufacturers is made up of businesses such as metal manufacturers, restaurants and […]

Customers Feel the Jolt of New England’s High Winter Electric Rates

December 16, 2014

Utility companies have warned customers in New England of high electric prices for the winter, but electric bills are already hitting customers harder than expected before winter begins. In New England, electricity prices are driven in part by natural gas prices and transportation costs. Because New England relies heavily on natural gas and because there […]

With Skyrocketing Prices, New Bedford Buying Group Saves Company’s Vital Energy Dollars

December 8, 2014

By Simón Rios New Bedford Standard Times Posted Dec. 7, 2014 NEW BEDFORD — Precix, one of the city’s largest manufacturers and a global player in the o-ring industry, was on edge about its finances this fall. Though the company projects its growth at 11 percent in the coming year, skyrocketing energy prices had officials […]

Northeast Natural Gas Pipeline Approved

December 4, 2014

New England can breathe a sigh of relief for natural gas prices next winter.  The Federal Energy Commission has approved the 124-mile Constitution Pipeline project that will bring Marcellus Shale natural gas from Pennsylvania up into the high priced natural gas markets of New York and New England.  The project’s backers – Tulsa, Oklahoma based […]

Over 100 Companies Join Energy Buying Group MassMEC to Save on Cost of Winter Utility Bills

December 3, 2014

Mass. manufacturers make the switch to state sponsored energy buying program as electricity prices spike   Boston (December 3, 2014) –  The Massachusetts Manufacturing Energy Collaborative (MassMEC), a buying group of manufacturers that reduces energy costs by purchasing energy supply in bulk, today announced that more than 100 businesses have signed on to participate in […]

Oil Prices Keep Falling

December 2, 2014

For the past three months, oil prices have been falling sharply – leaving huge implications for not only the U.S. energy market but the world marketplace.  However the events of Friday can possibly continue to send oil prices to tumble. On Friday November 27th, OPEC – a cartel of oil producers that includes Saudi Arabia, […]

US electric grids endangered by cyberattacks

  On November 20th, the director of the National Security Agency issued a warning that China and “one or two” other countries have the capabilities to mount cyberattacks that would shut down the electric grid and other critical infrastructure systems.  Before a House Intelligence Committee, Admiral Michael Rogers, director of NSA, said that he expects […]

Judge Dismisses Lawsuit against Northern Pass

November 25, 2014

A judge recently rejected a lawsuit against Northern Pass, according to the WMUR. The Grafton county superior court judge found no grounds to believe that the proposed Northern Pass Project caused the downfall of the businessmen’s golf course. Perhaps the Pass will gain momentum over the coming months as a legitimate and minimally-invasive source of […]

MassMEC Invites Members of SBANE to Save on Energy This Winter

November 24, 2014

SBANE members asked to consider MassMEC to save money on energy this winter Boston (November 24, 2014) – The Massachusetts Manufacturing Energy Collaborative (MassMEC) is inviting members of Smaller Business Association of New England to save on the cost of  electricity and gas this winter by joining its energy buying group. MassMEC reached out to SBANE participants […]

High NSTAR Electric Rates for Winter 2015

November 11, 2014

NSTAR just filed basic electric rates for Winter 2015 beginning January 1st, similar to the high rates recently filed by NGRID. 2015 Variable $/kWh Jan Feb March April May June Residential  $   0.2079  $   0.2063  $   0.1406  $   0.1097 Commercial  $   0.2195  $   0.2173  $   0.1350  $   0.0986 Industrial NEMA  $   0.2328  $   0.2299  $   […]