Sep 30, 2015 3:33 PM
Liberty Utilities gets approval to raise its electric rates
CONCORD - Electric rates will increase starting in November for customers of Liberty Utilities.
The energy company said the state's Public Utilities Commission approved an increase for residential and small business customers from 7 cents to 9.2 cents per killowatt-hour starting on Nov. 1.
“This rate, although a slight increase from our summer rate, is 40 percent lower than the rate approved last winter,” said John Shore, a spokesman for Liberty Utilities. “Last winter was difficult for electric customers throughout New England because of high regional wholesale prices, so we are very pleased that our rate is significantly lower this year.”
The new rate will be in effect for Liberty customers from Nov. 1 through the end of July 2016.