New England wholesale power prices down in Sep for 11th straight month
Houston (Platts)–9Oct2012/342 pm EDT/1942 GMT
Wholesale electricity prices in New England posted a year-on-year fall for the 11th straight month in September, according to data released Tuesday by ISO New England.
The average September price of $33.59/MWh was 21.1% lower than the average September 2011 price.
The ISO said natural gas prices once again were a key factor in the continued drop in wholesale power prices. The September natural gas price of $3.33/MMBtu was 20.7% lower than the price in September 2011, the ISO said. …