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Working on Solutions to Stabilize Your Bill
What are Public Benefits?
The Public Benefits section of your bill covers state-mandated and approved energy programs, policies and initiatives that we do not control.
If the proposed rates are approved by the Public Utilities Regulatory Authority (PURA) as filed, large commercial and industrial customers and small business customers can expect to see a decrease of approximately 8% per month on their bill starting May 1 as long as their usage stays the same.
This proposed rate change is subject to change pending PURA’s final decision and energy market conditions.
While we are pleased to provide you the information this decrease, we have deep concerns about the previous regulatory decisions that have led to this dramatic swing in costs — again — and the very real possibility of a significant increase next year if no action is taken to stabilize bills.
This reduction is largely due to all customers being overcharged for the cost of the Millstone and Seabrook Power Purchase Agreements last year, as regulators set rates artificially higher — despite our strong recommendation otherwise.
We continue to advocate for bill stability and predictability for customers, and we’re eager to work with PURA on solutions to advance that goal.
What is Changing?
In May, rates within the Public Benefits portion of your bill are expected to decrease, pending hearings and approval by PURA.
The amount you pay is determined by your usage.
Even with lower rates, your bill ultimately depends on how much energy you use. Your electricity usage impacts the Supply, Local Delivery, Transmission and Public Benefits portions of your bill.
Get Help with Your Bill Now
We understand the burden this increase will have on your business’ budgets, and while we do not control these pass-through costs, for those struggling to pay their bill, we have options that can help.