simonsays123

simonsays123 t1_j29nr2y wrote

What is the supply rate (cents/kwh) this bill compared to last November? It should be on your bills.

In the Northeast, some areas have seen their supply rates rise to 33.89cents/kwh beginning in November compared to 14.82cents/kwh last winter.

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simonsays123 t1_j29je3q wrote

National Grid's supply rates change every 6 months and the winter rate is nearly always higher than the summer. So a better comparison may be the 14.82cents/kWh from last winter's supply rate. Assuming a rough 15cents/kwh delivery fee:

550kWH last winter = $7 customer charge + (14.82 cents/kwh supply * 550) + (15 cents/kwh delivery * 550) = $170

550kWH this winter = $7 customer charge + (33.89 cents/kwh supply * 550) + (15 cents/kwh delivery * 550) = $275

This particular case would be about 73% total bill increase compared to last winter, even though the supply rate went from 14.82 to 33.89 winter over winter (229% increase)

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simonsays123 t1_j25k7ho wrote

Yes, the supply rates have jumped a lot, especially for National Grid. 33.89cents/kwh is the correct supply rate for National Grid for the next 6 months. National Grid and Eversource adjust their basic supply rates every 6 months.

The supply rate is only about half the bill, the rest is delivery. The supply rates have been impacted by the prevailing price of natural gas as this is how the Northeast generates much of its electricity, especially at the margins.

On your bills, compare the kwh usage vs previous months to see if it’s just the rate increase impacting you, or if you also consumed more.

Look for a “community aggregation” program in your town, where your town can negotiate a thirdparty supply rate that you can opt into. In many towns, this will result in 10-20% bill savings over using the basic supply rate

Example in Boston: https://www.boston.gov/departments/environment/community-choice-electricity

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