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HomeSeptember 28, 2011

PSNH Projects Lower Default Service Rate

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Copyright 2011 EnergyChoiceMatters.com.

Public Service of New Hampshire has submitted information to support its next default service rate change effective January 1, 2012.

Though PSNH is not proposing a specific rate at this time (it will do so with contemporary data prior to a hearing), PSNH forecast the projected default service rate as 8.39 cents per kWh.

The projection does not include the cost of a scrubber at Merrimack Station, as the exact in-service date is not known at this time.

The current default service rate is 8.89 cents per kWh.

PSNH's rate is based on a forecast migration level of 33.4%, which is the actual current migration level on PSNH's system as of August 31, 2011.

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PSNH Projects Lower Default Service Rate | EnergyChoiceMatters.com