Sep 24, 2015 9:01 AM
Business group starts campaign to lower electricity costs
The Associated Press
CONCORD — The Business and Industry Association of New Hampshire has started a campaign to focus attention on lowering electricity costs in the state.
It's called "EnergizeNH."
The U.S. Energy Information Administration reports that New Hampshire's electrical energy prices are 60 percent higher than the national average.
The state Public Utilities Commission reported the region paid $2 billion more for electricity last winter and nearly $5 billion more the winter before that. Supply and demand were roughly in balance during the winter of 2011-2012.
BIA President Jim Roche says businesses continue to experience excessive electrical energy prices due to supply constraints. He says even with news that this winter's rate spike may not be as big as in recent years, the regional electric rate disparity remains a long-term, persistent challenge