PSNH Residential Migration Hits 90,000

The latest statistics filed with the New Hampshire Public Utilities Commission show that more than 90,000 residential electricity customers have left Public Service Co. of New Hampshire (PSNH) for a competitive service provider, the EmpowerNH coalition said yesterday

More than 98 percent of the electricity consumed by the utility's large commercial and industrial customers is purchased competitively, and more than half of all the electricity consumed in PSNH's distribution service territory is supplied by a competitive retail provider, EmpowerNH said.

"We are confident that the trend of customers seeking competitively priced electricity will continue despite PSNH's recent rate reduction, which leaves the utility's rates above market," said Daniel Allegretti, New England chair for the Retail Energy Supply Association.