New Offshore Wind Energy Incentives Announced

May 25, 2017

On May 11, Sens. Edward J. Markey (D-Mass.), Sheldon Whitehouse (D-R.I.), and Rep Jim Langevin (D-R.I.-2) announced the “Offshore Wind Incentives for New Development Act” or the “Offshore WIND Act.” If passed, the Offshore WIND Act would extend the 30 percent investment tax credit (ITC) under Section 48 of the Internal Revenue Code for offshore […]

Massachusetts Eversource Files for Electricity Default Service Rate Increase to start July 2017- Up to 31% Increase

May 16, 2017

Eversource has filed with the Massachusetts Department of Public Utilities new electric basic service rates for the upcoming summer and fall months beginning July 1, 2017. These newly published rates have increased compared to current 2017 rates and are significantly higher, over 30%, than last year’s 2016 rates. To better understand this rate increase, below […]