Mar 31, 2015 3:29 PM
NH Electric Co-op, Liberty customers to see rate decrease
The Associated Press
PLYMOUTH (AP) - New Hampshire Electric Cooperative and Liberty Utilities say customers will see their bills decrease, effective May 1.
The change is the result of a decrease in the power rate.
For co-op customers, it comes out to about $23.67 less per month for a residential member using 500 kilowatts per month. For a customer using 1,000 kilowatts per month, it's about $47.33.
At Liberty, the reduction will mean a $46 decrease per month for an average residential customer.
The reductions signal an end to a winter period that saw residential bills increase last fall. The utilities say driving these wide price swings are seasonal variations in the price of natural gas, used to generate approximately half of the electricity produced in New England.