National Grid Residential, Commercial Default Service Rates To Fall 30%

Default Service Suppliers Disclosed

March 18, 2020

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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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National Grid has filed with the Massachusetts DPU new basic service rates for residential and commercial customers for the six-month period beginning May 1, 2020, and for industrial customers, for the three-month period beginning May 1, 2020

Taking into account pending changes to the Basic Service Administrative Cost Adjustment Factors (BSACFs) and Smart Grid Customer Cost Adjustment Factor (SGCCFs) which are to also take effect on May 1, the new National Grid residential fixed default service rate would fall nearly 30% to 9.911¢/kWh effective May 1, from the current 13.957¢/kWh

Taking into account pending changes to the Basic Service Administrative Cost Adjustment Factors (BSACFs) and Smart Grid Customer Cost Adjustment Factor (SGCCFs) which are to also take effect on May 1, the new National Grid commercial fixed default service rate would fall 30% to 8.440¢/kWh effective May 1, from the current 12.160¢/kWh

National Grid filed the new basic service rates reflecting the impact of the simultaneously proposed updates to the BSACFs and SGCCFs only for the fixed basic service rates

Additionally, National Grid filed the "base" basic service rates, on a fixed and monthly basis, without the impact of either the BSACFs and SGCCFs adders (as noted below)

None of the National Grid basic service rates in this story include an estimate of the costs associated with National Grid’s compliance with the Massachusetts Clean Peak Energy Portfolio Standard. The Massachusetts Department of Energy Resources has not finalized its proposed regulations which will impact the expected compliance costs, National Grid said

National Grid Massachusetts Basic Service Rates
Effective May 1, 2020

Residential (R-1, R-2, R-4, E)
¢/kWh
  With        Current        Proposed
           BSACFs/SGCCF    BSACFs/SGCCF
Fixed Rate    
May-Oct        9.836          9.911

Residential
$/kWh
Without Current Or Proposed BSACFs/SGCCF:

Fixed Rate    
May-Oct        $0.09475

Monthly Rate Option
May  2020      $0.10512
Jun  2020      $0.09212
Jul  2020      $0.09037
Aug  2020      $0.09035
Sept 2020      $0.09589
Oct  2020      $0.09917





Commercial (G-1, Streetlights)
¢/kWh
  With        Current        Proposed
           BSACFs/SGCCF    BSACFs/SGCCF
Fixed Rate    
May-Oct        8.362          8.440

Commercial, Streetlights
$/kWh
Without Current Or Proposed BSACFs/SGCCF:

Fixed Rate    
May-Oct        $0.08209

Monthly Rate Option
May  2020      $0.09001
Jun  2020      $0.07760
Jul  2020      $0.08296
Aug  2020      $0.08214
Sept 2020      $0.08079
Oct  2020      $0.07954





Industrial NEMA (G-2, G-3)
¢/kWh
  With        Current        Proposed
           BSACFs/SGCCF    BSACFs/SGCCF
Fixed Rate    
May-Jul        8.000          8.012

Industrial NEMA
$/kWh
Without Current Or Proposed BSACFs/SGCCF:

Fixed Rate    
May-Jul        $0.07888

Monthly Rate Option
May  2020      $0.08230
Jun  2020      $0.07425
Jul  2020      $0.08006





Industrial SEMA (G-2, G-3)
¢/kWh
  With        Current        Proposed
           BSACFs/SGCCF    BSACFs/SGCCF
Fixed Rate    
May-Jul        8.398          8.410

Industrial SEMA
$/kWh
Without Current Or Proposed BSACFs/SGCCF:

Fixed Rate    
May-Jul        $0.08286

Monthly Rate Option
May  2020      $0.08847
Jun  2020      $0.07685
Jul  2020      $0.08341





Industrial WCMA (G-2, G-3)
¢/kWh
  With        Current        Proposed
           BSACFs/SGCCF    BSACFs/SGCCF
Fixed Rate    
May-Jul         8.075          8.087

Industrial WCMA
$/kWh
Without Current Or Proposed BSACFs/SGCCF:

Fixed Rate    
May-Jul        $0.07963

Monthly Rate Option
May  2020      $0.08442
Jun  2020      $0.07479
Jul  2020      $0.07985

National Grid in its filing included redacted copies of master power agreements with Covanta Energy Marketing LLC; Dynegy Marketing and Trade,LLC; Exelon Generation Company,LLC; Macquarie Energy LLC; and NextEra Energy Marketing, LLC

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