December 12, 2011
Mass. DPU Rejects Unitil REC Cost Recovery Proposal as Not Competitively Neutral to Retail Suppliers
The Massachusetts DPU rejected a proposed cost recovery mechanism from Fitchburg Gas & Electric (Unitil) regarding RECs to be procured under a long-term REC contract, finding that, "because even a small reduction in basic service prices could result ... the Company's proposed cost recovery mechanism…