NSTAR East Residential Electric Rates Increases by 46%
NSTAR (Eversource Energy) customers can expect higher electricity bills in 2022. The hike is due to the increased basic service electric rates that the utility company filed with the Massachusetts DPU for its Eastern MA service area. The higher power prices become effective on January 1, 2022.
The rates mentioned here include the existing Basic Service Adders, Alternative Energy Portfolio Standard, Renewable Portfolio Standard, Clean Peak Standard Adders, and Clean Energy Standard Adders. This means that the rates listed below will change if any new adders get approved.
NSTAR East residential customers will see the current fixed basic service rate of 10.753 cents per kWh rise by 46%, to 15.735 cents per kWh from January 1, 2022, to June 31, 2022, as filed by the utility company.
Meanwhile, NSTAR’s small C&I customers’ fixed basic service rate of 9.850 cents per kWh goes up by 50%, to 14.732 cents per kWh for the period of January 1, 2022, to June 31, 2022, as filed.