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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Massachusetts Okays Electric Rate Hike up to 69 Percent
LCG, April 3,2001The Massachusetts Department of Telecommunications and Energy yesterday approved rate increases for Massachusetts Electric Co. that will range from 23 percent for residential customers up to 69 percent for large industrial customers.The industrial customers will then increase the prices of their products by an amount sufficient to absorb the increased cost of power, passing the rate hike along to their customers, many of whom are residential customers.A typical householder using 500 kilowatt-hours of electricity per month will see his electric bill increase from $61.38 to $75.60, Massachusetts Electric said. The generation portion of the bill will increase from 6.37 cents per kilowatt-hour to 9.213 cents starting May 1, a jump of 45 percent, but with distribution charges and customer service factored in the overall increase will be about 23 percent.Commercial customers will see the cost of electricity rise from 6.493 cents per kilowatt-hour to 9.556 cents, an increase of 47 percent, while industrial users will see a 69 percent increase from 5.46 cents to 9.054 cents.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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