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PSNH Residential Electric Rates Increases by 20%

New power rates will apply for customers of Public Service Company of New Hampshire (PSNH or Eversource) starting February 1, 2022, and covering a 6-month period. That’s as the New Hampshire PUC approved the new energy service (default service) rates.   

The Small Customer Group, including residential customers, can expect a 20% hike in the PSNH all-in default service rate. From February 1, 2022, to July 31, 2022, the current 8.826 cents per kWh will rise to 10.669 cents per kWh.  

Eversource New Hampshire

8.29¢ Price to Compare

Through July 31, 2024

Price to Compare set to increase by 33% Lock in your low rates NOW!
Provider Plan Term Rate Savings  
Direct Energy
6 months
10.49¢ / kWh
Direct Energy
24 months
11.49¢ / kWh
Direct Energy
12 months
11.79¢ / kWh
Direct Energy
24 months
12.59¢ / kWh

Several components comprise the 10.669 cents per kWh rate. These include the weighted average cost of competitively bought electric energy suppliers, a 0.794 cents per kWh fee for meeting New Hampshire’s renewable portfolio requirement, a 0.063 cents per kWh charge for Eversource’s administrative and general expenses, plus various rate adjustment factors.  

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