Eversource proposes winter rate increase
November 09, 2017 08:34 AM
SPRINGFIELD, Mass. (AP) - The Massachusetts utility Eversource is proposing raising its rates ahead of the winter season.
The company has submitted a proposal to the Department of Public Utilities for an increase of 5 percent for Basic Service supply rate customers starting Jan. 1.
If approved, the increase would mean customers using an average of 550 kilowatt-hours of electricity will pay $121 each month instead of $115.
Eversource says the higher cost is due to the increased price of natural gas used to create electricity. The company is urging customers to get a home energy assessment to help reduce their bill.
The department is expected to act on the proposal in the coming weeks.
Updated: November 09, 2017 08:34 AM
Created: November 09, 2017 08:34 AM
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