MTF recently released its latest report in a series that examines the various cost components of doing business in the Commonwealth relative to other states, including electricity, for commercial and industrial ratepayers. One key finding of our report, Stalled Progress, is that the state has reversed any progress from its effort to control electric costs by the restructuring of the electricity market in 1997, despite cost constraint being one of its key objectives. Electricity prices now have the same gap compared to other states that existed prior to deregulation as the figure below indicates.
September 29, 2015
ECONOMIC DEVELOPMENT & COMPETITIVENESS
MTF Testimony on Long-Term, Sustainable Solar Energy
MTF recently released its latest report in a series that examines the various cost components of doing business in the Commonwealth relative to other states, including electricity, for commercial and industrial ratepayers. One key finding of our report, Stalled Progress, is that the state has reversed any progress from its effort to control electric costs by the restructuring of the electricity market in 1997, despite cost constraint being one of its key objectives. Electricity prices now have the same gap compared to other states that existed prior to deregulation as the figure below indicates.
