New Hampshire Electric Pricing will increase

The current Price to Compare for New Hampshire’s PSNH (Eversource) General Service rate class (G) is $0.09985/kWh, in effect from February 1, 2019 to July 31, 2019. This is a 6% increase from the previous rate of $0.09412/kWh for August 1, 2018 to January 31, 2019.

Total US consumption of natural gas increased 4%. Consumption for power generation was up 10% week/week, industrial sector consumption gained 2%, residential-commercial consumption decreased 11%, and exports to Mexico increased 1%.

Market News

More than half of the 275 million megawatt hours (MWh) of electricity sourced from wind power in the US in 2018 has been produced by just four states: Texas, Oklahoma, Iowa, and Kansas. California, Illinois, Minnesota, North Dakota, and Colorado accounted for another 20% of total wind generation. The number one state on the list though is Texas, which has contributed over 25% of electricity from wind every year for the past 3 years. A combination of advanced wind resources, reasonable wind farm construction costs, and either mandatory renewable portfolio standards (RPS) targets or voluntary goals have allowed these top states to excel in the clean energy economy

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