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New Hampshire Residential Electric Rates

nh electric ratesComparing Electricity Rates in New Hampshire

New Hampshire’s major electric utility, Eversource Energy, provides electricity delivery service and default generation service.

Eversource Energy continues to manage and control the delivery portion of the electricity (lines and wires) but is no longer in the business of providing the lowest possible electric rates. Instead, they offer a default rate called the Price to Compare. Price to Compare rates changes twice annually. Low Competitive Rates in New Hampshire are available below. The competitive rate replaces the Price to Compare on the Eversource Energy electric bill.


New Hampshire Energy Market Overview

The average residential electricity rate in NH is 20.24 cents per kilowatt-hour, which is among the highest in the country. If you compare it to the US national average electricity rate – 13.04 cents per kilowatt-hour, there is certainly room for improvement.

The efforts to combat high electricity prices by deregulating the NH energy sector started in the mid-1990s, but it wasn’t until 2003 when an actual competitive marketplace was formed. The deregulation introduced a new era where businesses and homeowners could freely shop for electricity rates and switch to a competitive, more convenient electric suppliers.

The electricity generation in New Hampshire is predominately nuclear, followed by natural gas-fired and renewable sources.

new hampshire electric company

Utility Companies in New Hampshire

Four electric distribution companies operate in New Hampshire, each serving a mutually exclusive territory. They include:

 Eversource Energy (Eversource)

direct energy nh

A subsidiary of Northeast Utilities, Eversource serves approximately 70 percent of the retail customers in New Hampshire from southern, urban areas to northern, rural areas of the state.

  • Customer service number: 1-800-662-7764
  • Current standard electricity rate: 8.306 ¢ / kWh

Liberty Utilities (Liberty)

nh electric rates 2019

Liberty provides electricity to residential customers in the western and southern areas of the state, covering approximately 6 percent of the retail customers in New Hampshire.

  • Customer service number: 1-800-375-7413
  • Current standard electricity rate: 7.193 ¢ / kWh

Unitil Energy Systems, Inc. (UES)

fairpoint energy nh

Unitil, along with its two subsidiaries, Exeter and Hampton Electric Company jointly serve approximately 11 percent of New Hampshire’s electricity customers in both the Seacoast and Capital areas.

  • Customer service number: 1-800-852-3339
  • Current standard electricity rate: 10.330 ¢ / kWh

New Hampshire Electric Cooperative, Inc. (NHEC)

eversource nh rates 2019

NHEC provides electric service to about 11 percent of retail customers throughout the central part of New Hampshire.

  • Customer service number: 1-800-698-2007
  • Current standard electricity rate: 8.886 ¢ / kWh

Energy Plans & Products in New Hampshire

Energy plans are like shoes. One size does not fit all. Navigating through complex information about electricity rates can be confusing and can ultimately deter you from shopping for a better deal. Below is all you need to know about the different energy products that energy companies offer to the residents of New Hampshire:

PlanDescriptionWhat's Good?What's Bad?
Green / Renewable EnergyOn this plan, your supplier will match the energy you consume by buying an equal amount from renewable generators
  • A great option for the environmentally conscious New Hampshire residents
  • Renewable energy still costs a bit more than non-renewable energy (though the good feeling is priceless)
Variable RateYour per-unit gas and electricity costs can vary at the discretion of your supplier
  • More flexible than fixed-rate, can exit without incurring fees
  • More expensive than fixed rates
  • Supplier is free to hike up the price
Fixed Rate Your unit price for gas and electricity will remain the same for the duration of the plan
  • Protection against supplier’s price hikes
  • Usually cheapest
  • Often carry cancellation fees, if you want to exit early

FAQs

Below are answers to some of the questions you might have about NH electricity rates:

How much does electricity cost in NH?

The average residential electricity rate in NH is 20.24 cents per kilowatt-hour, compared to the US national average electricity rate of 13.04 cents per kilowatt-hour.

What is the current Eversource rate in NH?

Currently, the Eversource Price to Compare or the price for the supply portion of your electric bill is 8.306 ¢ / kWh.

Do electric rates go up in NH?

They do. In 2018, the Public Utilities Commission approved the supply charge to go up from the 7.903 cents per kilowatt-hour to 9.412 cents, so what you pay for electricity now on average is more than what it was a few years ago.

To switch to a cheaper electricity rate, just enter your zip code on our website to see available energy plans in your area.

Eversource Electricity Plans and Rates in New Hampshire

Rates updated daily

ProviderPlan LengthRate
Direct Energy13 months8.29¢ / kWh
Direct Energy12 months8.39¢ / kWh
Direct Energy18 months8.69¢ / kWh
ENH Power24 months9.09¢ / kWh
ENH Power12 months9.19¢ / kWh
ENH Power24 months9.29¢ / kWh
Think Energy18 months11.70¢ / kWh
Think Energy24 months11.70¢ / kWh
Think Energy12 months12.00¢ / kWh
Think Energy6 months12.50¢ / kWh