PSNH Files to Implement Smaller Increase in Default Service Rate Than Forecast

PSNH has filed to increase its energy service (default service) electric rate effective July 1; however, the rate is slightly lower than its preliminary estimate of the July rate adjustment filed in May.

PSNH's current energy service rate is 9.23 cents per kWh. In May, PSNH had forecast a preliminary default energy service rate of 9.98 cents per kWh effective July 1.

With updated data, PSNH has now proposed an adjusted default service rate for the period July through December 2014 of 9.87 cents per kWh

All rates above include the temporary recovery of scrubber costs at a rate of 0.98 cents per kWh.