Virtual Net Energy Billing: A New Opportunity for Maine Businesses
For many years, the choice between low energy costs and reducing carbon footprint has created a dilemma for New England businesses. In Maine, commercial users no longer need to choose between the two. Through virtual net energy billing, businesses can instead reduce energy costs while supporting the growth of renewable solar power in their home state. What is Virtual Net Energy Billing?...Read MoreEffects of Covid-19 on Wholesale Real-Time Electricity Prices in New England
The New England region has seen some historically low Real-Time electricity prices in 2020 so far this year. Prices in January, February and March benefitted from a mild Winter as a result of low natural gas prices generators paid to produce electricity. Covid-19 has had some very profound affects throughout the world, including on energy prices and energy demand in New England. As the end...Read MoreTime for a new Capacity Strategy?
WHAT IS CAPACITY? Capacity is the maximum output that a generating facility can produce. It is used by Independent System Operators (ISOs) as a barometer to effectively determine their region’s future supply capabilities. Essentially, ISONE helps facilitate the flow of payments from suppliers (buyers) of electricity to the generating facilities (sellers). Each of your utility accounts...Read More