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Thursday, May 04, 2017

Eversource: Slight Rate increase Effective July 1

Eversource customers in Connecticut who are signed up for the company’s Standard Service generation rate will see a slight increase on their electric bill beginning July 1, the company said today.

It said the Public Utilities Regulatory Authority (PURA) today approved the new residential Generation Service Charge (GSC) of 8.01 cents per kilowatt-hour (kWh), up from the current 7.87 cents per kilowatt-hour. 

The increase is primarily due to higher energy prices being driven by a reduction in the number of electric generation facilities available in the region, Eversource said.

“This slight increase is a direct reflection of the energy price volatility we’re seeing in New England and more proof of the need for new energy infrastructure in the region,” said Penni Conner, senior vice president and chief customer officer.

“We’re reminding customers we offer a variety of energy efficiency programs that can help them save energy and money year-round, along with convenient monthly payment options.”

The new generation rate will be in effect from July 1 to Dec. 31.  On average, a residential customer who uses 700 kilowatt hours of electricity each month will see an increase of approximately $0.98 per month on the supply portion of their Eversource bill, the company said.

How much a customer actually pays will depend on how much energy is used, their rate category, and weather conditions.


Posted 05/04/17 at 12:47 PM  Permalink


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