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Utility Proposes 21¢/kWh Rate For Small Customer Default Service; 53% Increase
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Granite State Electric (Liberty Utilities) in New Hampshire has proposed a 53% increase in its small customer (Residential and Small Commercial and Industrial) electricity default service rate
Specifically, GSE filed to set the small customer group default service rate, to be fixed for the 6-month period starting August 1, 2026, at $0.21128 per kWh, which is 53% higher than the current rate of $0.13735
The increase is largely driven by a 7 cent per kWh reconciliation factor
GSE noted that, per PUC direction, the proposed small customer rate includes a reversion to the prior proxy price used for the ISO-NE market purchases which are included in the SOS portfolio, and a 12-month (rather than 6-month) reconciliation mechanism.
Furthermore, the proposed SOS rates (for both small and large customers) are designed to recover only half of an outstanding $8.5 million under-recovery in default service (aggregate of all classes) over the 12-month period August 1, 2026 to July 31, 2027 (and not over only the upcoming 6-month SOS period)
Given the application of such above-described mitigation measures previously directed by the PUC, GSE did not propose alternative default service rates
Large customer SOS rates to be established in the proceeding for the 6-month period starting Aug. 1, 2026 would vary by month, but would range from 16 cents per kWh to over 27 cents per kWh
Docket DE 26-023
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June 12, 2026
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Reporting by Paul Ring • ring@energychoicematters.com
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