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Massachusetts Municipal Wholesale Electric company history timeline

1969

In 1969, with the workload of developing an independent public power supply expanding, the municipal utilities decided to create MMWEC, which started out as a private company managed by a public trust.

1973

In 1973, municipal utilities became full members of NEPOOL and acquired legislative authority to issue tax-exempt bonds, individually, to purchase shares in NEPOOL power plants.

1976

Under this law, in May 1976, MMWEC became a non-profit, public corporation and political subdivision of the Commonwealth with the authority to issue tax-exempt revenue bonds to finance electric power projects on behalf of its members.

2019

Today, MMWEC has ownership interests in four major generating plants, having sold its 22 megawatts of the Wyman Unit 4 plant in 2019.

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Founded
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Headquarters
Ludlow, MA
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Massachusetts Municipal Wholesale Electric may also be known as or be related to Mass Municipal Wholesale Elec, Massachusetts Municipal Whls, Massachusetts Municipal Wholesale Electric, Massachusetts Municipal Wholesale Electric Company and The Massachusetts Municipal Wholesale Electric Co.