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Adjusted rate covers three-month winter period
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MANCHESTER, N.H. (January 3, 2017) — Eversource customers in New Hampshire will begin the new year with a modest decrease in the company’s Default Energy Service Charge. The NH Public Utilities Commission (PUC) recently “We anticipate that later this year the sale of our power generation plants will be complete,” said Eversource NH President Bill Quinlan. “At that point, our Energy Service Charge will be based on the price of purchasing power from the competitive regional wholesale energy market and will no longer include the costs associated with owning and operating our New Hampshire power plants.”
Combined with several adjustments on the delivery portion of the bill, residential customers who purchase energy from Eversource and consume 600 kWhrs/month will see a monthly bill of $123.64, compared with the previous $124.50 – a decrease of about one percent. This current energy charge adjustment was calculated based on the actual cost of producing or purchasing the energy Eversource requires to serve its customers in New Hampshire.
Following the initial shift to a competitive market-based Default Energy Service rate, Eversource’s Default Energy Service Charge will be adjusted twice each year on February 1 and August 1. Shifting away from a January 1 adjustment will help insulate customers from price volatility by spreading out the higher energy costs typically experienced during the winter period.
Customers in New Hampshire have the right to choose to purchase energy from an independent supplier instead of their regulated utility. Eversource provides Default Energy Service to those customers who have not chosen a supplier or who have been denied service by a supplier. A list of registered energy suppliers is available at http://www.puc.state.nh.us/
Save a watt – save a lot
Eversource offers a wide variety of energy efficiency programs that can help customers reduce their use and save money year-round. The company provides an online catalog of energy efficiency appliances and lighting products and offers home weatherization programs where an expert will make on-the-spot improvements.
To learn more about Eversource energy efficiency programs, visit https://www.eversource.com/
A number of payment options are also available and listed at https://www.eversource.com/
They include Budget Billing, as well as opportunities for payment assistance.
Eversource (NYSE: ES) is New Hampshire’s largest electric utility, serving more than 500,000 homes and businesses in 211 cities and towns, and also supplies water to approximately 9,300 homes and businesses in Hampton, North Hampton and Rye. Eversource is proud to be recognized as the top contributor to United Way in New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of its more than 8,300 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@eversourceNH) and Facebook (facebook.com/EversourceNH ). For more information on our water services, visit www.aquarionwater.com.
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