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Energy Prices Spike

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State officials say higher natural gas prices and a drop in hydroelectric production have led to a spike in the cost of wholesale electricity. Electricity prices on the spot market hit $140 per megawatt hour — nearly $50 more than the federal price cap that was lifted in October. On Monday, the price of natural gas surged 38 percent to its highest level in more than two years.

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Use the myMotherLode.com Keyword Search to go straight to a specific page

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