Electric Prices Fall Despite Predictions

Electricity prices so far haven’t lived up to the hype that this winter will be one of the most expensive ever.

ISO New England, which operates the regional power grid, said preliminary numbers for December indicate the wholesale price of electricity and natural gas were both down more than 50 percent compared to the same month a year ago. Total electricity usage across New England in December was down about 5 percent compared to a year ago, the grid operator said.