rates

PSNH Anticipates Stable Energy Charge

Manchester, NH (September 16, 2014) –Public Service of New Hampshire is anticipating its energy charge will drop slightly next year, but cautioned that the regional energy market remains extremely volatile. The company is not requesting a rate change at this time, but in a forecast filed this week with state regulators, PSNH said it expects a two to three percent reduction in its Energy Service Charge on January 1st. The rate forecast will be updated with the most current numbers in a December filing with the New Hampshire Public Utilities Commission (NHPUC).

PSNH Provides July Rate Estimate

Manchester, NH (May 2, 2014) –Public Service of New Hampshire today filed with state regulators its estimate of rate adjustments that may be necessary on July 1st. The company is not now requesting a change but, based primarily on volatile energy market costs, an increase of about two percent to average overall rates is anticipated.

The company is forecasting an Energy Service rate of 9.98 cents per kilowatt hour (kWh) effective July 1st, compared to its current Energy Service rate of 9.23 cents/kWh. The anticipated change in the Energy Service rate is due mainly to higher energy market prices experienced during the recent winter months, and the forecast of higher market prices for the remainder of the year. The anticipated Energy Service rate increase will be somewhat offset by an expected decrease in the company’s Stranded Cost Recovery Charge.

PSNH this week updated its forecasted 2014 Energy Service Charge. 

The N.H. Public Utilities Commission will hold hearings later this month to determine what actual adjustment to the current rate may be necessary. The PSNH default energy service charge is typically adjusted each January 1st to reflect the actual cost of producing or purchasing the energy required to meet customer demand.

PSNH Bill

How do I read my PSNH bill?

This is a great topic to cover with the recent rate change on July 1st. We will go through each section of the bill and break down what the cost is and where the money is going. We split the bill into two main components: delivery services and supplier services.

The rate PSNH customers pay for energy service will decrease as of Monday, July 1st.
State regulators late last week approved the company's request to reduce its Energy Service Charge by nearly 10 percent to 8.62 cents per kilowatt hour from the current 9.54 cents/kWh.

Eastman Falls Hydro

Q. What is green energy and how can I support it?

This is a great question and a very important topic. “Green” or renewable energy is energy that comes from a source that is continually replenished; some examples are sunlight, wind, and water. If you purchase energy from PSNH, you’ll be happy to know that a portion of your electricity was generated at the company’s nine hydroelectric plants, Northern Wood Power (a biomass unit), and other local renewable power developers like Iberdrola’s Lempster wind power project. But what if you want to go a bit further?

Rate ADE

The NH Public Utilities Commission (PUC) has approved an Alternative Default Energy Service Rate, also known as Rate ADE, as a new market-based energy supply option for customers. The new rate will be available only to customers who return to PSNH after purchasing energy from an independent supplier for 12 consecutive months or more, and it ensures that returning customers share in paying the fixed costs other customers bore in their absence.

Electric Meter

Energy Service Charge Decreased five percent

Public Service of New Hampshire (PSNH) has updated its filings with the NH Public Utilities Commission (PUC) for a series of rates adjustments on July 1st, including a reduction in the Energy Service charge. Hearings on these filings are scheduled to begin next week.