Massachusetts Eversource Files for Electricity Default Service Rate Increase to start July 2017- Up to 31% Increase
May 16, 2017
Eversource has filed with the Massachusetts Department of Public Utilities new electric basic service rates for the upcoming summer and fall months beginning July 1, 2017.
These newly published rates have increased compared to current 2017 rates and are significantly higher, over 30%, than last year’s 2016 rates.
To better understand this rate increase, below are Eversource Fixed Residential Basic Service Rates from July-Dec 2016 and the newly announced July-Dec 2017 rates:
7/2016 – 12/2016:
8.208 ¢/kWh
7/2017 – 12/2017:
10.759 ¢/kWh
This jump in the 2017 rate reflects up to a 31% increase compared to 2016 fixed residential basic service.
Below is a List of Complete Eversource Basic Service Rates (¢/kWh):
Basic Service Residential
Fixed Price Jul. 1, 2017 – Dec. 31, 2017: 10.759
Monthly Variable Rates:
July: 10.114
August: 9.921
September: 10.623
October: 11.059
November: 11.195
December: 12.062
Small C&I, Streetlighting
Fixed Price Jul. 1, 2017 – Dec. 31, 2017: 10.764
July: 10.470
August: 10.291
September: 10.524
October: 10.457
November: 10.897
December: 12.089
Large C&I – NEMA
Fixed Price Jul. 1, 2017 – Sept. 30, 2017: 10.834
Monthly Variable Rates:
July: 10.793
August: 10.776
September: 10.946
Large C&I – SEMA
Fixed Price Jul. 1, 2017 – Sept. 30, 2017: 8.444
July: 8.653
August: 8.399
September: 8.269