Audit of Utility Power Purchasing Practices

Client:

Synapse evaluated whether Rockland Electric Company’s power purchases during the period from August 1999 through July 2003 were prudent. Synapse prepared an audit report concluding that the Company was imprudent for failing to enter into a multi-year power purchase agreement when it divested all of its generating facilities in 1999. Project completed in July 2003. 

Status: 
Project completed in July 2003.