New England’s wholesale electricity prices in 2016 lowest since 2003  
Monday, February 27, 2017 at 1:38PM
ISO New England in Industry News & Developments, annual prices, wholesale prices

Last year’s wholesale electricity prices were the lowest in 13 years due to low natural gas prices and mild weather that dampened demand. The total value of New England’s wholesale electricity market in 2016 was $4.1 billion, $1.1 billion less than the $5.2 billion value for wholesale electricity in 2012, the previous year with the lowest market value. The average annual wholesale power price in New England last year was $28.94 per megawatt-hour. For more information, read the press release.

Article originally appeared on ISO Newswire (http://isonewswire.com/).
See website for complete article licensing information.