Nstar Residential Default Service Rate To Increase 15%

Nstar (Eversource Energy-Eastern MA service area) has filed basic service electric rates with the Massachusetts DPU for the period beginning January 1, 2020

All rates in this story include the existing Basic Service Adders, Renewable Portfolio Standard Adders, Alternative Energy Portfolio Standard Adders, and the Clean Energy Standard Adders, consistent with Nstar's basic service tariff filing. As such, the rates below will change when any new adders are approved.

For Nstar residential customers, the fixed January 1, 2020 to June 30, 2020 basic service rate as filed is 12.422¢/kWh, which is about 15% higher than the current rate of 10.836¢/kWh

For Nstar small C&I customers, the fixed January 1, 2020 to June 30, 2020 basic service rate as filed is 11.912¢/kWh, which is about 13% higher than the current rate of 10.569¢/kWh

Proposed Nstar basic service rates are below, in ¢/kWh. The rates include the currently effective Basic Service Adders, Renewable Portfolio Standard Adders, Alternative Energy Portfolio Standard Adders, and the Clean Energy Standard Adders. Basic service rates may differ from the below as the adders change.

Nstar, Eversource Energy-Eastern MA
Basic Service Rates, ¢/kWh


Residential
Fixed Price Jan. 1, 2020 – June 30, 2020: 
        With Existing   
            Adders        
Fixed      12.422        

Monthly Variable Rates:
        With Existing   
            Adders       
January:   14.663
February:  14.688
March:     12.246
April:     11.598
May:       10.703
June:       9.579





Small C&I
Fixed Price Jan. 1, 2020 – June 30, 2020: 
        With Existing    
            Adders      
Fixed      11.912     

Monthly Variable Rates:
        With Existing   
            Adders      
January:   14.430
February:  14.330
March:     11.818
April:     10.750
May:       10.000
June:       9.386





Large C&I - NEMA

Monthly Variable Rates (2020):
        With Existing  
            Adders      
January:   14.308
February:  14.191
March:     11.563

Fixed Price: Jan. 1, 2020 – March 31,  2020
        With Existing    
            Adders       
Fixed      13.369



Large C&I - SEMA

Monthly Variable Rates (2020):
        With Existing  
            Adders         
January:   13.407
February:  12.796
March:     10.034


Fixed Price: Jan. 1, 2020 – March 31,  2020
        With Existing   
            Adders        
Fixed      12.080

Exelon Generation Company LLC, Dynegy Marketing and Trade, LLC, and NextEra Energy Marketing, LLC were awarded various tranches in the procurement for various period beginning Jan. 1, 2020 and July 1, 2020.