Friday, May 16, 2025

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Welcome to Real Estate Friday!

Monte Levin and Gary Lazarus of Compass offer an immaculate contemporary lakefront home on the shores of the legendary Stockbridge Bowl. See how architect Pamela Sandler transformed a lake house on the shores of Lake Onota. A report on real estate sales in the first quarter of 2025. Plus, recent sales and gardening columns and a home-cooking recipe.

Class action lawsuit acuses utilities Eversource, Avangrid of bilking customers out of $3.6 billion

According to this lawsuit, the utilities’ “abusive” behavior constitutes the largest energy market manipulation scheme since the Enron scandal.

Utilities manipulated natural gas supplies, causing artificial shortages, soaring energy prices, study finds

New England ratepayers paid $3.6 billion more for electricity due to capacity withholding. The utilities appear to have had an additional motive for withholding gas. Not only did the practice raise rivals’ costs in the electric generation market, but the artificially created gas shortages and high energy prices also lent credibility to the arguments for natural gas pipelines.
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