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Maura Healey: “I'm concerned about utility profits when it comes to the…”

Featuring: Maura Healey, Democratic | Governor of Massachusetts

Governor Healey Outlines Energy Affordability Priorities

Published July 31, 2026 | Video Starts at 14:20

I think that, you know, I've communicated the priorities that we need to see with respect to both of those issues. You know, I'm concerned about utility profits when it comes to the GCEP program. I am concerned about that. I've talked a lot about that. And so, you know, that needs a look. It's in fact why the Department of Public Utility Utilities is already looking at that issue. (14:20–14:27)

CLAIM

Asserts concern over utility profits related to the GCEP program.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Maura Healey

“National Grid, Eversource, Berkshire Gas, Liberty Gas, they've all proposed rate increases in the past year alone, some as high as 55%.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 01:45-01:55
“Utility companies have appealed that ruling. They're refusing to turn back $1.5 billion to Massachusetts residents.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 02:54-03:03
“Utilities get a profit bonus of about $20 million every year simply for being part of New England's grid.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 05:27-05:35
“Massachusetts is the last state in New England that gives this kind of bonus.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 05:35-05:41
“Utility companies are seeking rate hikes and excessive profits while people and businesses are struggling to pay their bills.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 00:29-00:38
“The utilities are making billions in profits last year alone and ratepayers are struggling.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 01:32-01:39
“The federal regulators ruled that utilities had in fact been overcharging us for years and in doing so, earning excessive profits.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 02:39-02:49
“These profits amounted to about 1.5 billion.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 02:49-02:54
“My bill will make it so that utilities buy power at lower costs and pass those savings onto you.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 04:57-05:04
“We need utilities to open their books and to prove that every single cost makes sense for ratepayers.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 05:07-05:15
“Utilities also get a fee for every clean energy contract they sign.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 05:49-05:54
“We're also eliminating unnecessary charges on people's bills.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 06:15-06:19
“Working with the legislature, I know we can get this done, will save people billions of dollars.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 06:51-06:58
“Last month I halted the tax incentive for new data centers here in Massachusetts.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 07:11-07:18
“Data centers need to generate their own power. They need to generate power that's clean and they can't suck power off the grid at the…”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 07:24-07:35
“We need strong action to rein in spending and profits. We need protections around data centers and we need to lower people's bills.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 08:26-08:34
“I think that when it comes to Mass Save, it's a program that's been around for a while. It's played an important role. I do think that it's…”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 12:14-12:25
“Another thing I've said is that we ought to cap that right now, cap the spending right now on Mass Save.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 12:44-12:50
“The Department of Public Utility Utilities is already looking at [utility profits related to the GCEP program].”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 14:31-14:34
“We need to be thinking about how we get as much energy into the region as possible as quickly as possible.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 15:09-15:15
“With more supply, we're going to lower people's bills now.”
Governor Healey Outlines Energy Affordability Priorities | Uploaded July 31, 2026 | 15:15-15:19