Lawmakers, energy developers, and policy wonks descended on downtown Concord today for the annual New Hampshire Energy summit. The event couldn’t come at a more appropriate time, last week New Hampshire electric utilities – with the notable exception of the state’s largest, Public Service of New Hampshire – announced winter rate hikes ranging from twelve to fifty percent.
Another utility has announced that electric rates will rise this winter. For customers of the New Hampshire Electric Coop, the state’s second largest utility, winter electricity bills will rise 12.2%
The rate increase takes place on October 1st, and will cost ratepayers using 500 kilowatt hours $12.47 cents more per month. The increase is due to increasing rates on the energy half of the electric bill, which are increasing from 8.97 cents per kilowatt hour, to 11.6 cents.
Most New Hampshire utilities are reporting snow related outages. As of last check, PSNH had the most outages, at around 1,800. Nearly 450 of those were in Canterbury, while Hooksett got hit with more than 400 outages. In Deerfield, 190 customers are reportedly without power.