Industry News

Eversource and United Illuminating Rates Increasing in January

Oct 22, 2019

Rates will be going up for Eversource and United Illuminating customers in Connecticut.

The Public Utilities Regulatory Authority released information Friday on the new rates after Eversource and UI recently submitted proposed winter cycle rates.

As of Jan. 1, Eversource’s residential generation rate will go up from 8.01 cents per kilowatt-hour (kWh) to 9.08 cents/kWh.
UI’s residential generation rate will change from 7.6 cents/kWh to 9.66 cents/kWh.

NBC Connecticut


Dec 11, 2018

Most electricity customers in southern and central Maine will see higher electricity rates starting Jan. 1.

The Portland Press Herald reports that the cost of power will go about 14 percent for such customers.

The Maine Public Utilities Commission approved Monday to raise the standard offer rate for 2019 from 7.9 cents per kilowatt hour to nine cents.

US News

Eversource plans increase in winter electric rates

Dec 10, 2018

Eversource announced this week that its electric supply rates will rise Jan. 1 to 11.73 cents per kilowatt hour.

That’s up from 10.003 cents per kilowatt-hour under the summer 2018 rates and also up from last winter’s rate of 10.503 cents per kilowatt hour.

Mass Live


Jun 01, 2018

Beginning with service provided June 1, 2018, changes will affect your monthly electric bill. For a residential customer using 700 kilowatt-hours (kWh) per month, the effect of these approved changes is a total increase of $1.49 to the typical monthly bill, from $102.93 to $104.42, or 1.45%.

PECO Energy

What’s going on with PPL rates? They’re dropping — a little

May 01, 2018

Most PPL Electric customers who rely on the company for their energy supply will see a small decrease in their bills beginning June 1.

The Allentown-based energy provider said Tuesday its new “price to compare” charges will decrease. The price for residential customers will go to 7.449 cents per kilowatt-hour, down from the current 7.463 cents per kwh. For small business customers, the rate will dip from 7.701 cents per kwh to 6.776 cents per kwh, nearly a penny drop.

Morning Call

Eversource Customers To See Rates Rise Under PURA Decision

Apr 18, 2018

About 1.2 million Connecticut consumers who get their power from Eversource will be paying $5.40 per month more in the coming year under rate increases just granted by state regulators, but officials say it could have been a lot worse.

Eversource originally asked for a three-year, $337 million increase in electricity rates. The Public Utilities Regulatory Authority cut back the request to $124.7 million for the 2018-20 period.

Hartford Courant

Double-digit National Grid rate hikes approved

Mar 15, 2018

ALBANY — National Grid has agreed to a slightly smaller rate increase than it was seeking and will spread it out over the next three years, instead of imposing it all at once.

The state Public Service Commission announced Thursday that it, National Grid and 17 interested parties agreed to the three-year schedule of rate hikes, to begin next month.

Daily Gazette


Mar 02, 2018

Public Service Electric and Gas Co. (PSE&G) today proposed to lower customer bills by approximately 2 percent on April 1 to pass on the benefits of the federal tax reform legislation enacted earlier this year.

In its filing with the NJ Board of Public Utilities, PSE&G will reduce rates by approximately $114 million on an annual basis effective April 1 to reflect lower federal taxes the utility will pay. The typical residential combined electric and gas customer will save nearly $41 per year.


Mass. approves Eversource rate hike

Nov 30, 2017

The state Department of Public Utilities on Thursday approved a much-reduced rate hike for Eversource Energy that will allow it to charge its Massachusetts electric customers tens of millions of dollars more a year.

Eversource customers in the eastern part of the state would collectively pay an additional $12 million a year, while rates for its Western Massachusetts customers would rise by more than $24 million a year, according to the DPU. Eversource delivers electricity to some 1.4 million customers in Massachusetts.

Boston Globe

Atlantic City Electric rates will jump 4% next month

Sep 22, 2017

Atlantic City Electric rates will increase 4 percent on Oct. 1, or about $5.52 per month for a residential customer, under a rate-increase settlement approved by the New Jersey Board of Public Utilities. In March, the company had requested a 6.6 percent rate increase.

Under the settlement, negotiated with various consumer advocates and the BPU staff, Atlantic City Electric will receive about $43 million in additional annual revenue. The utility had requested a $70.2 million increase that would have boosted a typical monthly residential bill by $9…..

National Grid cuts $76 million from rate hike request

Jul 10, 2017

Syracuse — National Grid on Monday cut nearly $76 million from its request for a $406 million rate hike for electricity and natural gas delivery, saying its expects some of its costs to be lower than it estimated in April.

If the utility company’s new, $330.7 million rate increase request is approved by the state Public Service Commission, a residential electricity customer using 600 kilowatt-hours would pay $8.93, or 11 percent, more a month….

PSE&G seeks first natural gas rate hike in 9 years

Jun 01, 2017

Natural gas bills for New Jersey customers of PSE&G could go up an average of $31 next year under the first gas rate hike requested by the utility in nine years.

The gas rate would increase from 34 to 37 cents per therm, the unit used for billing, this fall if approved by state regulators, PSE&G said in a news release. A customer who uses 1,010 therms annually would pay about $5 more in a winter month….

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