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Massachusetts
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| Massachusetts has the 8th highest retail electricity prices
in the nation. The 2000 state average rate of $95.00/MWh was 28 percent
above the national average retail rate. Massachusetts rates are high
because of its large nuclear investment ($4.3 billion), very high portion
of above market power purchase agreements and heavy dependence on high
cost oil units to meet customer demand. Only 30 percent of in-state
utility generation comes from lower cost coal-fired units. These coal
units have relatively higher delivered costs ($1.67/MMBtu) because of
their long distance from their fuel supplies. |
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