Pennsylvania

Energy. Environment. Economy.

Feds Forecast Drop in Electricity Prices This Summer

The Federal Energy Regulatory Commission says record low natural gas prices will drive down electricity costs just in time for summer.


DULLES, Va., May 18, 2012 (BUSINESS WIRE) — Low natural gas prices are expected to continue to exert downward pressure on electricity prices this summer, although there could potentially be more volatility in Southern California, Texas and Boston, where power generation capacity reserves are tighter, according to the Federal Energy Regulatory Commission’s (FERC) summer assessment.

Read more at: www.marketwatch.com

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