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PSNH Residential & Small C&I Default Service Rate Increasing 20%
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The New Hampshire PUC recently approved new energy service (default service) rates at Public Service Company of New Hampshire (PSNH or Eversource) for the six-month period beginning February 1, 2022
For the Small Customer Group, (including
residential customers) the PSNH all-in default service rate will be 10.669 cents per kWh for the period February 1, 2022 and July 31, 2022, up 20% from the current 8.826
cents per kWh
The Small Customer rate of 10.669 cents per kWh consists of the
weighted average cost of competitively procured electric energy supplies, a 0.794 cent
per kWh charge for compliance with New Hampshire’s renewable portfolio standard, a
0.063 cents per kWh charge for Eversource’s administrative and general expenses,
less various rate adjustment factors.
Monthly default service rates for the Large Customer Group are below (cents per kWh):
Eversource selected NextEra Energy Marketing, LLC (NextEra) to supply power
in two tranches for the Small Customer Group, and Vitol Inc. (Vitol) and Exelon
Generation Company, LLC (Exelon) to supply power in one tranche each for the Small
Customer Group. Eversource selected Exelon to provide power for the Large Customer
Group.
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December 27, 2021
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
February 2022 21.425
March 2022 12.600
April 2022 8.970
May 2022 7.605
June 2022 7.898
July 2022 9.275
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