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Home Industry News – United Utility Services
Power Auction May Foreshadow Rise in Utility Bills, Energy Stocks
201510.06
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Power Auction May Foreshadow Rise in Utility Bills, Energy Stocks

by United Utility Services in Industry News

Price increase could add about $2 to $3 to average consumers’ monthly bill across territory. Source: Wall Street Journal By: Timothy Puko The price of power that the U.S.’s largest grid operator pays utility companies for power rose across the board at an auction Friday, with prices nearly doubling in New Jersey and Philadelphia, foreshadowing…

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