Nstar Residential, Commercial Default Service Rates To Increase 25%-33%

Nstar (Eversource Energy) filed basic service electric rates with the Massachusetts DPU for the period beginning January 1, 2017

Separate from the results of its default service procurement, Nstar has pending before the DPU customary updates to other bypassable riders which are included in the total basic service rates.

Including the pending updates various basic service cost components, for Nstar residential customers, the fixed January 1, 2017 to June 30, 2017 basic service rate is 10.318¢/kWh, or about 33% higher than the current rate of 7.7¢/kWh

Complete proposed Nstar basic service rates are below, in ¢/kWh. The rates include the Basic Service Adder, the Smart Grid Adder, and the NSTAR Green Adder. Rates are presented both with existing amounts for the Basic Service Adder, the Smart Grid Adder, and the NSTAR Green Adder, and new amounts for the adders proposed to take effect.

Residential
Fixed Price Jan. 1, 2017 – June 30, 2017: 
        With Existing    With New 
            Adders        Adders
            9.996        10.318

Monthly Variable Rates:
        With Existing    With New 
            Adders        Adders
January:   11.657         11.979
February:  11.654         11.976
March:      9.416          9.738
April:      8.236          8.558
May:        7.631          7.953
June:      10.289         10.611




Small C&I, Streetlighting
Fixed Price Jan. 1, 2017 – June 30, 2017: 
        With Existing    With New 
            Adders        Adders
             9.711        10.033

Monthly Variable Rates:
        With Existing    With New 
            Adders        Adders
January:   11.579         11.901
February:  11.552         11.874
March:      9.226          9.548
April:      7.940          8.262
May:        7.367          7.689
June:      10.025         10.347 




Large C&I - NEMA

Monthly Variable Rates (2017):
        With Existing    With New 
            Adders        Adders
January:   11.367         11.689
February:  11.652         11.974
March:      8.872          9.194

Fixed Price: Jan. 1, 2017 – March 30, 2017
        With Existing    With New 
            Adders        Adders
            10.680        11.002


Large C&I - SEMA

Monthly Variable Rates (2017):
        With Existing    With New 
            Adders        Adders
January:   10.572         10.894
February:  10.691         11.013
March:      8.122          8.444


Fixed Price: Jan. 1, 2017 – March 30, 2017
        With Existing    With New 
            Adders        Adders
             9.822        10.144