For
information contact: Priscilla
Gottwald Community
Relations Manager 781-942-6419
(Phone) 781-942-2409
(Fax) pgottwald@rmld.com (Email) www.rmld.com (Website)

Press Release
RMLD says campaign for fair
rates produces positive results
Reading, MA, June 11, 2009 – RMLD customers who signed letters to request the oversight of
electric rates addressed to their local congressmen back in January and
February have helped change the ways things are run at Independent Systems
Operators - New England (ISO-NE), where
power is purchased.
As a result of RMLD’s and
other public electric utility companies’ encouraging their customers to join
consumer groups and state agencies to demand a change, American Public Power
Association (APPA) reports generators who bid high costs for peak power they
were not capable of producing will no longer be paid even for standby
potential. New England consumers paid a reported $86 million over three years
for this unfair practice.
APPA reports that ISO-NE
filed a petition with the Federal Energy Regulatory Commission (FERC) proposing
to close loopholes that allowed some companies to withhold electricity by
either submitting supply bids at extremely high prices or simply reneging on
delivery when their high-priced bids were accepted. ISO-NE has asked FERC to change its rules to require offers
associated with capacity imports to be competitively priced and to tighten its
penalty rules, effective July 1.
RMLD General Manager Vinnie
Cameron personally delivered about 1,500 letters and pages of petitions with
signatures of residents from Reading, North Reading,
-more-
Wilmington and Lynnfield to Congressman John
Tierney’s Washington office in February.
Find out more on www.appanet.org or www.fairelectricrates.net and add
your comments to the growing grassroots effort.
For
immediate release 6-11-09