Residential, Small Commercial Default Service Rates To Fall 23-27% At Massachusetts Utility

NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new basic service rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning July 1, 2020

All rates below reflect the currently effective Basic Service Adjustments, Renewable Portfolio Standard Adders, Alternative Energy Portfolio Standard Adders, and Clean Energy Standard Adders

The filed new fixed residential basic service rate for the period July through December 2020 is 9.020¢/kWh, which is about 23% lower than the current rate of 11.666¢/kWh

The filed new fixed small C&I basic service rate is 8.619¢/kWh, which is 27% lower than the current rate of 11.791¢/kWh

WMECO rates are below in ¢/kWh, and include the currently effective Basic Service Adjustments, Renewable Portfolio Standard Adders, Alternative Energy Portfolio Standard Adders, and Clean Energy Standard Adders

WMECO Basic Service
¢/kWh

Residential
Fixed Price Jul. 1, 2020 – Dec. 31, 2020: 9.020

Monthly Variable Rates:
Jul:   8.290
Aug:   8.263
Sept:  8.664
Oct:   8.705
Nov:   9.426
Dec:  10.623




Small C&I (23, 24, G-0, T-0)
Fixed Price Jul. 1, 2020 – Dec. 31, 2020: 8.619

Monthly Variable Rates:
Jul:   8.197
Aug:   7.961
Sept:  7.929
Oct:   7.902
Nov:   9.005
Dec:  10.499




Medium/Large C&I (G-2, T-4, T-2, T-5)

Monthly Variable Rates:
Jul:   7.679
Aug:   7.566
Sept:  7.561

Fixed Price Jul. 1, 2020 – Sept. 30, 2020: 7.608




Streetlighting (S-1 & S-2)
Fixed Price Jul. 1, 2020 – Dec. 31, 2020: 5.956

Monthly Variable Rates:
Jul:   5.331
Aug:   5.172
Sept:  5.069
Oct:   5.134
Nov:   6.297
Dec:   7.900

Nstar included in its filing newly awarded contracts with suppliers to serve portions of basic service load for the period beginning July 1, 2020

Exelon Generation Company, LLC was selected to serve a portion of WMECO commercial basic service load and industrial basic service load for the periods beginning July 1, 2020 and (for commercial only) January 1, 2021

NextEra Energy Marketing, LLC was selected to serve a portion of WMECO residential and streetlighting basic service load for the periods beginning July 1, 2020 and January 1, 2021