Eversource Energy proposes winter rate increase

utility bills elp august 2 elp

SPRINGFIELD, Mass. (AP) — Massachusetts utility Eversource Energy is proposing raising its rates ahead of the winter season.

The company has submitted a proposal to the Department of Public Utilities for an increase of 5 percent for basic service supply rate customers starting Jan. 1.

If approved, the increase would mean customers using an average of 550 kwH of electricity will pay $121 each month instead of $115.

Eversource says the higher cost is due to the increased price of natural gas used to create electricity. The company is urging customers to get a home energy assessment to help reduce their bill.

The department is expected to act on the proposal in the coming weeks.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs