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Eversource Application for Electric Rate Increase

Published

March 29, 2022

| Select Board's Office | Automatically Archived on 5/5/2022

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Message from Eversource:

At Eversource, we’re proud to provide safe, reliable electric service, while taking a leadership role in preparing for Massachusetts’ clean energy future. Providing clean energy for our customers is a priority, and to do that, we need to continue making investments in our electric system.  We recently filed a rate review application with the Massachusetts Department of Public Utilities (DPU) to enable us to adjust our distribution rates.

 

We want to hear from the community

The voices of our community members are important to us and to this review process. We are asking for your help to encourage members of your community to provide their comments on the Eversource rate review application during public hearings conducted by the DPU. The hearings will take place March 29, March 31 and May 4 through Zoom or teleconference and you can register to attend here. 

 

This information is available in the following languages on Eversource.com:

 

What is Eversource proposing?

We’re proposing several investments that will strengthen our grid against the impact of storms and make it easier to add renewable energy technology, including solar, battery storage or electric vehicle chargers, to Massachusetts homes and businesses. Many parts of this proposal are also aimed at helping The Commonwealth achieve its goal of net zero emissions by 2050. This includes targeted battery storage projects, which will ensure continued reliability while major electrification projects are under development and provide backup power during storm-related outages.

 

If approved, these investments would increase the delivery portion of customer bills beginning in January 2023. The exact amount of the increase would depend on location, rate and how much power is used. More information about the review process and potential rate changes is available here.

 

Our investments provide direct and measurable benefits to customers, including:

  • Fewer and shorter power outages. Our reliability performance, measured by the number of months between outages, is among the best in the industry.
  • Removal of more than 100,000 hazard trees from our system – a leading cause of power outages.

 

We’re focused on reducing costs:

  • Our operating and maintenance costs were contained in the five years since our last rate review, while continuing to make capital investments on our system.
  • Smaller, yearly adjustments to delivery rates help to make your bill more predictable and avoid large rate increases.

 

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