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Massachusetts budget approval lets utilities raise rates to compensate for Canadian hydropower corridor costs

A budget greenlit this week by Massachusetts Gov. Maura Healey will allow utilities to raise rates to compensate for costs incurred by a forthcoming hydropower transmission line.

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Ticker: Budget rider shifts increased hydro costs to ratepayers; Job openings fall as economy cools

A budget signed by Massachusetts Gov. Maura Healey this week will allow utilities to raise rates to make up for hundreds of millions of dollars in additional costs to complete a transmission line to bring Canadian hydropower to the New England electricity grid.

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