Mid-Atlantic power prices highest in years Mostly driven by higher fuel prices US Energy Information Administration analysts discussed the relationship between fuel costs and power prices, and how recent US LNG export growth has created uncertainty about energy supply, with the New York Independent System Operator in a podcast released Aug. 10.”What we are seeing with retail electricity rates is some of the higher growth rates that we’ve seen in a number of years with this especially concentrated in the northeast and New England for sure,” Tyler Hodge, senior economist in the EIA’s Office of Energy Analysis, said during the NYISO Power Trends Podcast. So far this year, the residential electricity rates in the Mid-Atlantic region, which includes New York, have been up about 9% and that is close to what EIA is […]