AG Healey Pushes Back On Eversource's Proposed Rate Hike
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Caitlin O'Keefe, Meghna Chakrabarti
In this Tuesday Jan. 20, 2015 file photo, a plume of steam billows from the coal-fired Merrimack Station in Bow, N.H. New Hampshires largest utility, Eversource Energy, announced Thursday March 12, 2015 that it has has agreed to sell its power plants. Eversource will sell its nine PSNH hydro facilities and three fossil fuel plants, including the Merrimack Station in Bow, Newington Station and Schiller Station in Portsmouth. (AP Photo/Jim Cole, File)
Eversource, the largest energy provider in New England, is asking for a $96 million rate hike over two years. They say that it is necessary for maintaining the company's power line network, but Attorney General Maura Healey, who is opposed to the rate hike, says it could cost Massachusetts as much as $50 million per year.
