NSTAR Residential, Small C&I Default Service Rates Falling Over 10%

NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new basic service electricity rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning July 1, 2021

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

The filed new WMECO fixed residential basic service rate for the period July through December 2021 is 9.468¢/kWh, which is about 12% lower than the current rate of 10.708¢/kWh

The filed new WMECO fixed small C&I basic service rate for the period July through December 2021 is 8.936¢/kWh, which is 10% lower than the current rate of 9.980¢/kWh

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

WMECO Basic Service
¢/kWh

Residential
Fixed Price Jul. 1, 2021 – Dec. 31, 2021: 9.468

Monthly Variable Rates:
Jul:   8.784
Aug:   8.800
Sept:  9.030
Oct:   9.066
Nov:   9.843
Dec:  11.108




Small C&I (23, 24, G-0, T-0)
Fixed Price Jul. 1, 2021 – Dec. 31, 2021: 8.936

Monthly Variable Rates:
Jul:   8.398
Aug:   8.329
Sept:  8.206
Oct:   8.275
Nov:   9.288
Dec:  10.896




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

Monthly Variable Rates:
Jul:   8.350
Aug:   8.118
Sept:  7.776

Fixed Price Jul. 1, 2021 – Sept. 30, 2021: 8.117




Streetlighting (S-1 & S-2)
Fixed Price Jul. 1, 2021 – Dec. 31, 2021: 6.751

Monthly Variable Rates:
Jul:   6.092
Aug:   6.000
Sept:  5.803
Oct:   5.853
Nov:   7.078
Dec:   8.678

Nstar included in its filing newly awarded contracts with suppliers to serve portions of basic service load for the period beginning July 1, 2021

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

HQ Energy Services (U.S.) Inc. was selected to serve a portion of WMECO residential and streetlighting basic service load for the period beginning January 1, 2022

Dynegy Marketing and Trade LLC was selected to serve a portion of WMECO commercial basic service load for the periods beginning July 1, 2021 and January 1, 2022

Exelon Generation Company, LLC was selected to serve WMECO industrial basic service load for the period beginning July 1, 2021