Help With Your Energy Costs and Usage
See how you can use less energy, lower your bill and get help this winter.
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New Hampshire Rate Changes
What is Happening?
In New Hampshire, the energy supply price – or default energy service rate, which is different than Eversource Delivery rates – for Eversource customers changes twice a year on February 1 and August 1.
This winter, the price of electricity remains high compared to previous winters primarily due to the global demand for natural gas. Natural gas is the primary fuel source for electric generation in New England.
As of February 1, the default service rate changed from 22.57 cents per kilowatt hour to 20.221 cents per kilowatt hour. A decrease in the rate of about 10%.
Eversource does not earn a profit on the cost of electricity – we charge customers what we pay generators for producing the power.
How Will This Affect Your Bill?
As of February 1, along with the decrease in the energy supply rate, the annual adjustment to the Stranded Cost Recovery Charge increased from $0.00273 to $0.00694 per kWh.
How much a customer pays will depend on how much energy is used, their rate category, and weather conditions.
You can learn more about energy supply and the components of your bill.
New Hampshire Energy Assistance Credits
Eversource and the State of New Hampshire recognize the significant financial burden of the high cost of energy. To help, the State of New Hampshire is providing assistance through two programs administered by the Department of Energy through the Community Action Agencies (CAAs):
- A one-time credit of $450 in heating assistance for households with incomes between 60% and 75% of the state median income.
- A one-time credit of $200 on the electric bills of households with incomes between 60% and 75% of the state median income.
In addition, the state has added funds to support the existing electric assistance program (EAP) for households with incomes below 60% of the state median income.
What You Need to Know
You must apply to receive the heating assistance and electric bill credit through your local Community Action Agency by April 30, 2023.
If you would like to help others pay their electric bill, visit Neighbor Helping Neighbor or mail a check, made payable to Neighbor Helping Neighbor Fund, to:
Neighbor Helping Neighbor Fund
P.O. Box 3804
Manchester, NH 03105-3804
Contact your local Community Action Agency to learn more about or to apply for the heating assistance credit, electric bill credit and the electric assistance program (EAP).