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Massachusetts News
Local News
Summer Energy Supply Costs to Drop Significantly for Eversource Massachusetts Customers Beginning July 1st
May 22, 2023
electric rates
saving energy
save money on energy
basic service
eastern mass
western mass
In Massachusetts, the energy supply price changes twice a year – January 1 and July 1 – representing the cost that Eversource pays generators for the power that customers use. Eversource does not earn a profit on the cost of electricity. The company only charges customers what it pays generators for producing the power and there is no markup. A customer’s total bill will depend on how much energy is used, their rate category, and weather conditions. The supply rate change only applies to customers in Massachusetts who receive Eversource’s Basic Service Rate and not those who receive their energy supply from a municipal aggregation program or a competitive supplier.
In addition to the Basic Service Rate decrease, there are other slight adjustments on the delivery side of the bill to support grid modernization and energy efficiency also expected to take effect on July 1. All told, if each adjustment is approved by the DPU, Eversource customers signed up for Basic Service and using an average of 600 kWh per month will see an overall decrease of approximately $58, or 23% on their total bill, in Eastern Massachusetts; and an overall decrease of roughly $42, or 18% on their total bill, in Western Massachusetts. While the lower supply rate is welcome news, the energy company is also informing customers they should expect continued market volatility and higher supply costs this coming winter.
- Keep air conditioners set as warm as comfort allows. For every degree higher on the thermostat, the air conditioner will use 1-3% less electricity.
- Don’t block air flow. Keep air vents clear of obstructions such as furniture, curtains, and rugs.
- Operate major appliances during the cooler parts of the day. Energy is conserved by using appliances like clothes washers and dryers early in the morning or late in the evening when there is also less demand on the electric system.
- Keep blinds closed when it’s hot out to prevent unwanted heat from entering a home through windows. Using curtains, shades, and blinds can lower indoor temperatures by up to 20 degrees.
- Switch to ENERGY STAR®-certified LED lights. The energy-efficient bulbs run cooler and last up to 25 times longer than incandescent lights.
- Set ceiling fans to rotate counterclockwise and at a higher speed in the summer to circulate the air more effectively, creating a cooling, wind chill effect. Remember to turn the fan off when leaving the room.
Eversource encourages customers to enroll in one of its payment plans or assistance programs if they need help with their energy bill.
- The New Start Program can help income-eligible, electric and gas customers reduce or eliminate their outstanding balance in as little as 12 months when they make on-time monthly payments and Eversource will make up the difference by eliminating or forgiving a portion of the total balance enrolled in the program – reducing the amount owed each month.
- Flexible Payment Plans are available to all customers, regardless of income, to pay their past-due balance over a period of time.
- Budget Billing Plans are also available and can help customers avoid seasonal spikes on their energy bill by paying a fixed amount each month based on their average annual usage.
- A Discount Rate is available to customers receiving public assistance benefits and have a household income at or below 60% of the state median income. These customers may be eligible for a 42% discount on their monthly electric bill or a 25% discount on their monthly natural gas bill.
Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2023 and recognized as one of America’s Most JUST Companies. Celebrated as a national leader for its corporate citizenship, Eversource transmits and delivers electricity and natural gas and supplies water to 1.8 million customers throughout Massachusetts, including approximately 1.47 million electric customers in 140 communities, 639,000 gas customers in 117 communities, and 8,800 water customers in five communities. Eversource harnesses the commitment of approximately 9,600 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The #1 energy efficiency provider in the nation, the company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on Twitter, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.