Eversource Continues To Mull Over Proposed Rate Hikes
Eversource is closer to putting a dollar amount on how much more customers would be charged if the electric utility’s proposed rate hikes are approved.
In a June filing, Eversource said it’d cut back on the share Western Massachusetts customers will pay when it raises its electricity rates next year.
If approved by the state Department of Public Utilities, new rates for all customers would go into effect in two phases — $96 million in January 2018, and starting in 2019 $50 million annually for the next four years.
Eversource says the set increases will differ from customer to customer, depending on a person’s income and whether a house’s service includes heating.
Customers could pay between 3 and 11 percent more next year.