PSNH Residential, Small Commercial Default Service Rate To Fall 6%

Public Service Company of New Hampshire d/b/a Eversource Energy has filed new electricity default service (energy service) rates for the six-month period beginning February 1, 2021

For the Small Customer class, the new all-in fixed PSNH electric default service rate is 6.627¢/kWh, to be in effect February 1, 2021 through July 31, 2021. This is 6% lower than the current rate of 7.068¢/kWh

The Small Customer class includes Rates R, R-OTOD, G, G-OTOD, and any outdoor lighting associated with those rates billed under Rates EOL and OL

All rates in this story reflect the total energy service (default service) rate, including the Base Rate, Reconciliation Adjustment, Renewable Portfolio Standard adder, RPS reconciliation, Administrative & General adder, and a Working Capital adjustment factor

For the Large customer group, the proposed monthly energy service rates are:

PSNH Large Customer Class ($/kWh)
February 2021     $0.07869
March 2021        $0.07140
April 2021        $0.06753
May 2021          $0.06280
June 2021         $0.05809
July 2021         $0.06332

The Large Customer class includes Rates GV, LG, B, and any outdoor area lighting taken in conjunction with these rates billed under Rate OL

NextEra Energy Marketing, LLC was awarded 100% of the Small Customer class energy service requirements for the six-month period beginning February 1, 2021

Exelon Generation Company, LLC was awarded 100% of the Large Customer class energy service requirements for the six-month period beginning February 1, 2021