N.H. PUC Adopts New Default Service Rates for Granite State Electric

The New Hampshire PUC approved new default service rates for large and medium commercial and industrial customers (Large Customer Group) at Granite State Electric Company d/b/a National Grid, for the period from February 1 through April 30, 2012.

Rates are as follows, in $/kWh:

February 2012
Base Default Service (DS) Rate: $0.07023
DS Cost Reclassification: $0.00101
DS Adjustment Reconciliation Factor: $0.00035
RPS Adder: $0.00343
Total Default Service Rate: $0.07502

March 2012
Base Default Service (DS) Rate: $0.05867
DS Cost Reclassification: $0.00101
DS Adjustment Reconciliation Factor: $0.00035
RPS Adder: $0.00343
Total Default Service Rate: $0.06346

April 2012
Base Default Service (DS) Rate: $0.05607
DS Cost Reclassification: $0.00101
DS Adjustment Reconciliation Factor: $0.00035
RPS Adder: $0.00343
Total Default Service Rate: $0.06086

NextEra Energy Power Marketing, LLC was the winning default service supplier for 100% of the large customer group default service requirements during this period.