Lower Rates This Winter For Eversource Customers
The temperatures will be dropping this winter, but so will home heating costs for many Southcoast residents.
Eversource spokesman Mike Durand told WBSM News that natural gas prices are lower this year which is allowing the company to charge lower rates to its customers.
"We're seeing a slightly reduced price from generators this year, so we're happy to be able to pass that along," said Durand "for the average customer it's about a $4 a month decrease."
It is estimated that for Eversource customers in the South Shore, Greater New Bedford, and Cape Cod who use roughly 600 kilowatt-hours of energy will see their bill go from $142.22 last winter to $137.14 this winter.
Going forward Durand says that work still needs to be done to improve the ability to deliver natural gas into the region but he says that, for now, this is a positive development.
"Compared to last year this is a bit of a decrease in the electricity prices, though we do hope that things will stabilize eventually as we can get more gas supply into the region," said Durand.
If approved the new lower rates will take effect Jan. 1.