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New Hampshire Electric Rate Changes
Adjustments to the Default Service supply rate and delivery rate went into effect February 1, 2025.
Below is a breakdown of all the rate adjustments that took effect February 1, which have been reviewed and approved by the New Hampshire Public Utilities Commission (PUC).
Default Service Supply Rate
G and G-OTOD (Small Business)
Small business customers saw a decrease in the energy supply price, also known as Default Service, from the previous six-month period (Aug. 1, 2024 through Jan. 31, 2025) $0.10403 cents per kilowatt-hour (kWh) to the current six-month period (Feb. 1, 2025 through July 31, 2025) $0.08929 cents per kWh. That’s a total rate decrease of about 14%.
This rate is primarily changing due to the cost of natural gas. The region relies on natural gas to produce electricity.
The Default Service supply rate changes twice a year – February 1 and August 1.
We purchase power on behalf of our customers and only charge them what we pay generators for producing the power. We do not earn a profit on the cost of electricity.
New Hampshire customers have the option to obtain energy supply from a competitive supplier licensed by the PUC. If your business is in a city or town with community power programs but are not currently enrolled in the program, make sure you review your options and choose the one that works best for you.
GV and LG (Commercial and Industrial Customers)
Large commercial and industrial customers combined, on average saw a 32% decrease in the energy supply price, also known as Default Service, from the previous six-month period (Aug. 1, 2024 through Jan. 31, 2025) average of $0.10711 cents per kWh to the current six-month period (Feb. 1, 2025 through July 31, 2025) average of $0.007327 cents per kWh.
The Default Service supply rate changes twice a year – February 1 and August 1. Due to that timing, the August 1 rate includes winter months when natural gas prices are typically higher.
We purchase power on behalf of our customers and only charge them what we pay generators for producing the power. We do not earn a profit on the cost of electricity.
New Hampshire customers have the option to obtain energy supply from a competitive supplier licensed by the PUC.
Stranded Cost Recovery Charge (SCRC)
This rate is adjusted annually which helps fund the recovery of Eversource’s past electric system investment costs, including expenses incurred through mandated power contracts and other long-term investments and obligations over the many years that Eversource (previously Public Service of New Hampshire) generated its own energy supply for New Hampshire customers.
G and G-OTOD (Small Business)
Small business customers saw a delivery decrease of approximately 1%. This is within the delivery portion of the electric bill.
GV (Commercial and Industrial)
GV commercial and industrial customers saw a delivery decrease of approximately 3%. This is within the delivery portion of the electric bill.
LG (Commercial and Industrial)
LG commercial and industrial customers saw a delivery decrease of approximately 8%. This is within the delivery portion of the electric bill.