Full Title: Policy Brief: Comparing Electric Supply Rates in Massachusetts
Author(s): Joshua Castigliego and Elisabeth Seliga
Publisher(s): Applied Economics Clinic
Publication Date: June 28, 2024
Full Text: Download Resource
Description (excerpt):
This Applied Economics Clinic (AEC) policy brief—prepared on behalf of the Green Energy Consumers Alliance (GECA)—presents a cost comparison of electric supply options offered to residential customers served by investor-owned utilities in Massachusetts. AEC’s analysis finds that residential customers are paying a premium for electric supply provided by Third-Party Competitive Suppliers compared to electricity provided by electric distribution companies and Municipal Aggregation programs. AEC also finds that previous estimates of cost premiums associated with Competitive Suppliers have underestimated the extent to which they raised average residential electric rates by not considering the cost savings associated with Municipal Aggregation programs, which often offer rates lower than both Competitive Supply and Utility Basic Service.