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Oct 10, 2014 5:41 PM

New Hampshire energy costs on the rise


New Hampshire is predicted to see much colder weather, and moderate snowfall quite possibly at the end of this month. NH1 has been following reports of utility companies and how they are raising energy prices. At the same time, customers could find themselves unprepared, not only in 2014, but for years to come.

"It's a pattern that customers should expect to see going forward," said Amanda Noonan, Director of Consumer Affairs at the New Hampshire Public Utilities Commission.

Expect expensive charges on your energy bills come this winter season.

"It's that second part, the electricity price itself that is generally termed energy on your bill where customers will see that increase," said Noonan.

Turning down the heat, shutting off lights, are things consumers can do to reduce costs but in some cases that won't be enough.

"We call it an all of the above solution: how can we increase infrastructure to help this issue but how can we decrease demand so we can increase the infrastructure less," said Robert Scott, Energy Commissioner.

New Hampshire as well as six other New England states are attempting to figure that out.

Meantime utility companies have created new payment options to alleviate the costs for consumers.

Some banks are in the process of developing energy loans. St. Mary's bank in Manchester offers what they call green rate loans to help homeowners improve energy efficiency in an affordable way.
They say it's not uncommon for applicants to be approved for the funds and see them that very same day, and with increasing rates, homeowners may find themselves in that situation


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