Dec 15, 2015 12:35 PM
Eversource says customers to pay 5 percent less this winter
The Associated Press
MANCHESTER (AP) — New Hampshire's largest utility says its customers can look forward to paying 5 percent less for energy service this winter compared to last.
Eversource says it has asked state regulators to adjust its energy charge to 9.99 cents per kilowatt hour, as of Jan. 1, 2016. The current charge of 8.98 cents per kilowatt hour has been in place since July 1.
Last winter, the charge was 10.56 cents per kilowatt hour.
Seasonal price swings are tied to the region's supply and demand challenge, especially in regards to natural gas pipeline constraints.
The energy charge adjustment includes costs associated with New Hampshire's Renewable Portfolio Standards, and assumes the start of full recovery of costs related to the state-mandated emission reduction scrubber at Merrimack Station in Bow.