Eversource Encourages Customers to Take Control of Their Energy Costs Before Winter Prices Take Effect
Nov 17, 2023
As energy market volatility continues, Eversource customers can expect to pay less this winter than last on the supply portion of their bill. Energy prices hit historic highs in New England last year due to international factors that affect the seasonal cost of natural gas, which is used to produce roughly half of New England’s electricity. Today the energy company filed new electric supply prices from power generators with Connecticut’s Public Utilities Regulatory Authority (PURA) that would be 39% lower than last winter. If approved, the new Standard Service rate for residential customers who receive their energy supply from Eversource will be 14.71 cents per kWh – significantly lower than last winter’s supply rate of 24.17 cents per kWh. This is a slight increase from the current summer rate of 13.82 cents per kWh. If approved by PURA, the new Standard Service rate would be in effect from January 1 to June 30, 2024.