Typical residential customers use about 600 kilowatt-hours (kWh) of electricity per month. Based on this usage, you would see an increase of $5.52 per month.
Your impact may be lower or higher depending on how much electricity you use.
Starting With Your January Bill
The Distribution Charge has increased from $.04508 per kWh to $.05116 per kWh.
This increase was approved by the New Hampshire Public Utilities Commission after a comprehensive rate review—the first in more than 10 years. The charge recovers costs related to maintaining and operating the electric system to ensure reliable service, including storm restoration, trimming trees, replacing aging equipment and making system upgrades to connect clean energy resources, like solar.
Starting With Your February Bill
The Energy Service Charge for customers who purchase energy from Eversource will decrease from $.07068 per kWh to $.06627 per kWh. This is the cost of electricity you use. These rates are based on the current market price of electricity you purchase from Eversource or an energy supplier.
The Stranded Cost Recovery Charge is expected to increase from $.00982 per kWh to $.01735 per kWh, subject to NH PUC approval. This charge funds the recovery of past investments, including expenses incurred through mandated power contracts and other long-term obligations.
These charges are reviewed and approved by the New Hampshire Public Utilities Commission and are adjusted every six months (February 1 and August 1).
Third party suppliers
Your electric supplier, either Eversource or a third party you have previously chosen, is listed on the front of your bill. You have the option to buy your power from state-approved, third-party suppliers.