“This includes informing customers that they can ‘shop’ or choose from different energy suppliers, in addition to taking advantage of energy saving programs, including those supported by Mass Save. “We want to do everything we can to help our customers manage through the months ahead through our Winter Customer Savings Initiative, while maintaining high levels of service to meet their energy needs this winter season,” Burt said. It consists of educating customers on how they can reduce and manage their energy costs.
National Grid said its "Winter Customer Savings Initiative" is aimed at helping customers cope with rising energy costs. National Grid announced a 64% increase in electric rates Wednesday, along with a 22% increase in natural gas prices Those rate increases would take effect Nov. They said their average residential customer using 126 therms of gas a month would see an increase of about 38%, or $86 on their natural gas bill over last winter. Over the border in New Hampshire, Eversource announced in July that electric rates would be doubling for many residents due to higher natural gas prices fueled in part by the war in Ukraine.Įversource did announce Wednesday that it has submitted a proposal to the Department of Public Utilities seeking to raise its natural gas rates. "Our last change was on Jand our next change will be January 1, 2023, which we will be filing for in the coming months." "We file electric base service rates twice per year with the DPU," company spokesman Chris McKinnon said. Eversource price increaseĮversource, the state's other major electric provider, said in an email that it is on a different schedule than National Grid for setting its electric rates so no increases are currently planned. They said they have a pending proposal with the state Department of Public Utilities that would result in the monthly bill for an average Boston Gas residential heating customer using 115 therms per month of $278, an increase of $50, or 22%, compared to last winter's rates.
The company also announced that its natural gas rates are expected to rise on Nov.
Given that, we think it’s a good time to work with our regulators and other stakeholders to review the process and electricity supply dynamics in the region, with an eye toward reducing price volatility and maintaining a secure, reliable and resilient energy system for the future.” “Today, under a sustained, high market price environment, it is challenging to maintain affordable prices. But things have fundamentally changed,” Helen Burt, the company's chief customer officer, said in a statement. That process has served customers well over the years and provides flexibility for unforeseen events, like limited supplier response to solicitations. "National Grid buys electricity on behalf of its customers from the wholesale power market through a regulatory approved process established 20 years ago. National Grid said the delivery portion of electric bills will basically remain flat. National Grid said the monthly bill of a typical residential customer using 600 kilowatt-hours of electricity will increase from $179 last winter to about $293 this winter, an increase of about 64%. With oil prices surging, heating assistance is available.
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