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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