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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.

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AP

(Copyright 2017 by The Associated Press. All Rights Reserved.)

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