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Electric bills for customers across Massachusetts are set to rise slightly next week as electricity supply rates change for most Eversource and National Grid customers on Aug. 1.Electricity supply rates reflect the cost of the electricity that powers homes, excluding delivery costs and state-mandated fees charged by utilities. The rate change is based on the cost of electricity on the open market.Eversource announced that its basic electric supply rate will increase from 13.2 cents per kilowatt hour to 14.8 cents. National Grid stated that its basic supply rate will rise from 14.6 cents to 15.4 cents per kilowatt hour.Customers can avoid these rate increases by exploring alternative electricity providers or checking if their town offers a lower rate through community aggregation, a process where towns purchase electricity in bulk.
Electric bills for customers across Massachusetts are set to rise slightly next week as electricity supply rates change for most Eversource and National Grid customers on Aug. 1.
Electricity supply rates reflect the cost of the electricity that powers homes, excluding delivery costs and state-mandated fees charged by utilities. The rate change is based on the cost of electricity on the open market.
Eversource announced that its basic electric supply rate will increase from 13.2 cents per kilowatt hour to 14.8 cents. National Grid stated that its basic supply rate will rise from 14.6 cents to 15.4 cents per kilowatt hour.
Customers can avoid these rate increases by exploring alternative electricity providers or checking if their town offers a lower rate through community aggregation, a process where towns purchase electricity in bulk.
