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Massachusetts Ratepayers Would See Big Savings With Project Beacon Pipeline

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Massachusetts Ratepayers Would See Big Savings With Project Beacon Pipeline

Winter utility bills are rising again. A new study shows Massachusetts ratepayers could save $367 million if the state opts into Enbridge's proposed Project Beacon pipeline upgrade.

Directly affected

  • ENB Enbridge+4.4% 30d

    Named in this report.

Indirectly affected

  • XLU Utilities Select Sector SPDR+1.8% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “utility” (power and utilities) in this story.

  • NEE NextEra Energy+2.6% 30d

    NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • DUK Duke Energy+7.5% 30d

    Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • SO The Southern+7.7% 30d

    The Southern (electric services): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • WM Waste Management+7.0% 13d

    Waste Management (refuse systems): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ENB-1.13%-0.62%base+1.43%+1.83%after closeafter close
XLUNo price data for this ticker———————
NEENo price data for this ticker———————
DUKNo price data for this ticker———————
SONo price data for this ticker———————
WMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Massachusetts Ratepayers Would See Big Savings With Project Beacon Pipeline 1420 WBSM

Source: 1420 WBSM

Energy

CompanyWhenMoveStatus
ENBthat day+1.43%final price
ENBthe next day+1.83%final price
ENBthree days earlier-0.62%final price
ENBfive days earlier-1.13%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Massachusetts Ratepayers Would See Big Savings With Project Beacon Pipeline” scores 12 out of 100. The score uses 1 sources.