NH delegation announces $925K for NH MEP
MEPs nationwide had been targeted for elimination by the Trump administration
Eversource bills could decline 6% as electricity drops
The cost of electricity from Eversource should decline next year, although it won’t be quite as cheap as it was a year ago.
Eversource announced it was asking for a rate of 8.9 cents per kilowatt-hour of electricity that people use, compared to the current 10.4 cents. Power utilities set their rates twice a year, on Feb. 1 and Aug. 1, subject to approval from state regulators.
Last year’s February supply rate for Eversrouce, which is far the state’s largest power utility, was 8.3 cents per kWh.
The price of electricity makes up about half the monthly power bill for residences. The remainder of the bill, called the delivery charge, covers the cost of maintaining the power grid and utility operations.
Requested increases in the delivery portion of the bill helps explain why Eversource’s supply rate is projected to decline 14%, yet the company estimates the total bill would decline only 6% for a home using 600 kWh a month.
The price of electricity has gone up and down in recent years, with Eversource’s raise being as high as 20.2 cents in 2023.
The state’s other utilities will release what are known as winter rates soon. People who get power from a third-party provider or community power programs will have different rates.
