Electric Rate Increase 18%

TheProfessor · 10-03-2015, 07:23 AM

"At its September 29 meeting, the NHEC Board of Directors approved increases effective with bills rendered November 1st for the Co-op Power and Regional Access Charge portions of members’ bills. As a result, the typical residential member using 500 kilowatt-hours (kWh) per month will see an overall bill increase of 18%, or $16.30 per month for the winter period, which ends April 30, 2016."

LINK

On another note, I got to speaking with one of the employees who works at one of the local wood fired power plants. I asked him about what effect the Northern pass would have on residential electric bills. His answer was that rates would go down. But also stated the lowering of rates his wood firing power plant would close as the rates would be too low for the wood fired power plant to continue to be competitive.

10-03-2015, 07:23 AM	#1
TheProfessor Senior Member Join Date: Nov 2010 Posts: 1,164 Thanks: 17 Thanked 357 Times in 214 Posts	Electric Rate Increase 18% "At its September 29 meeting, the NHEC Board of Directors approved increases effective with bills rendered November 1st for the Co-op Power and Regional Access Charge portions of members’ bills. As a result, the typical residential member using 500 kilowatt-hours (kWh) per month will see an overall bill increase of 18%, or $16.30 per month for the winter period, which ends April 30, 2016." LINK On another note, I got to speaking with one of the employees who works at one of the local wood fired power plants. I asked him about what effect the Northern pass would have on residential electric bills. His answer was that rates would go down. But also stated the lowering of rates his wood firing power plant would close as the rates would be too low for the wood fired power plant to continue to be competitive.