All articles tagged with #eversource
Eversource gas customers in Massachusetts will face a 13% rate increase this winter, starting November 1, which will raise the average monthly bill by about $41.24 for typical usage, pending approval by the Department of Public Utilities.
Framingham, Massachusetts, is piloting a community-wide geothermal heating and cooling system for 37 homes and businesses, aiming to reduce energy bills and greenhouse gas emissions. The system, installed by utility company Eversource, uses an underground loop to transfer heat, potentially lowering electric bills by 20% and heating costs by up to a third. This initiative could serve as a scalable model for other communities, aligning with state and utility goals for net-zero emissions by 2050.
More than 100,000 customers in New Hampshire remain without power following a spring nor'easter that brought heavy snow and strong winds. Eversource and other utility crews are working to clear downed trees, repair broken poles, and address safety issues caused by the storm. Residents are urged to report outages and avoid downed power lines, while using generators safely to prevent carbon monoxide poisoning. The storm response involves dispatching crews from a central hub in Manchester, and affected customers are advised to contact their utility companies for updates and assistance.
Tens of thousands of New Hampshire customers are without power following a storm, with the reported number of outages peaking at around 76,000. Eversource has restored 48,000 customers, with more crews on the way to help. Residents are urged to stay away from downed power lines and to use generators properly to avoid carbon monoxide poisoning. Anyone who lost power is asked to report the outage to their utility, and to be weather-aware by downloading the WMUR app for updates.
Eversource, Connecticut's largest electrical utility, has filed for a rate increase that could raise the average household bill by $38 a month, attributing the spike to a 2019 state deal with Dominion Energy and initiatives adopted during the COVID pandemic. The company has proposed solutions to shield customers from "rate shock," including phasing in the potential rate increase over time and changing the ratemaking methodology to forecast costs and avoid future issues.
Eversource has filed for a $784 million rate adjustment, seeking a nearly 19% increase in electric rates for Connecticut Light & Power customers, citing unrecovered costs related to purchasing electricity from the state's last nuclear plant and mandated benefits. The company blames a change in methodology by the Public Utilities Regulatory Authority for its cash crunch, prompting criticism and a broader campaign against the authority's chair. Lawmakers are divided on the issue, with some blaming Democratic policies and others acknowledging the recoverable nature of the expenses claimed by Eversource.
Orsted will have a new partner in its US offshore wind projects as Eversource agrees to sell its 50% stakes in the South Fork and Revolution Wind projects to Global Infrastructure Partners (GIP), which is in the process of being acquired by BlackRock. The deal is valued at $1.1bn and marks a significant development in the US offshore wind sector.
Eversource, a utility company in New Hampshire, is proposing a significant rate cut for electricity supply starting in February. The price of generating electricity has decreased, leading to a proposed drop in supply rates from 12.58 cents to 8.29 cents per kilowatt hour. If approved by the state's Public Utilities Commission, this would result in a 35% decrease in overall electric bills for customers. Eversource attributes the rate cut to the stabilization of the natural gas market, as New England heavily relies on natural gas for electricity generation.
Eversource is preparing for Sunday's forecasted storm in Connecticut, bringing in extra crews to respond to potential damage or power outages. Residents along the shoreline are also taking precautions, such as clearing leaves and securing their homes to prevent flooding. The storm is expected to bring heavy rain and wind gusts of up to 55 mph, with eastern Connecticut likely to be the hardest hit. Eversource advises residents to report any power outages directly through their app or website and reminds them to keep their electronics charged.
A storm system is expected to hit Connecticut on Sunday night, bringing high winds and heavy rain that could lead to flooding and scattered power outages. Eversource, the power company, is preparing for potential restoration efforts by monitoring forecasts and bringing in outside crews. The storm is forecasted to bring the heaviest rain between midnight and the Monday morning commute, with wind gusts possibly exceeding 50 mph along the shoreline. While most trees have shed their leaves, the combination of high winds and rainfall could still cause isolated power outages. Residents are advised to assemble storm kits, charge electronic devices, and create emergency plans. A flood watch will be in effect for certain counties, with 2 to 3 inches of rain potentially causing river and creek flooding.
Rhode Island Energy, the largest utility in Rhode Island, has decided not to proceed with a long-term power purchase agreement (PPA) for the Revolution Wind 2 offshore wind farm with Ørsted and Eversource. The utility cited higher costs, uncertainty of federal tax credits, and failure to meet the requirements of the Affordable Clean Energy Security (ACES) Act as reasons for the decision. Rhode Island Energy will explore other offshore wind opportunities to bring more affordable pricing to the state.
Eversource customers in Massachusetts will see lower energy bills as the utility's basic service rate drops from July 1 through the end of the year. Customers in Eastern Massachusetts can expect to save an average of $58 per month, while those in the western part of the state will save an average of $42 per month. The rate adjustment is due to falling energy supply prices across New England.
The first monopile foundation has been installed at South Fork Wind, New York's first offshore wind farm, to support the project's offshore substation. The substation, designed and built by Kiewit Offshore Services, will sit on the monopile foundation and will be installed offshore by New York union workers. The project remains on track to become the first US utility-scale offshore wind farm to be completed in federal waters when it begins operations by the end of this year.
The first monopile foundation has been installed at South Fork Wind, New York State's first offshore wind farm, which is being built by Ørsted and Eversource. The 132 MW, 12-turbine project is the first commercial offshore wind farm in the US and is expected to power around 70,000 New York homes when it comes online at the end of 2023. South Fork is one of five offshore wind projects New York State has in active development, which will power more than 2.4 million New York homes and bring a combined economic impact of $12.1 billion to the state.
Eversource, an electric utility company in Connecticut, has announced a 22% decrease in its electric rates for residential customers starting July 1. The average home using 700 kWh each month would see a $56 decrease in its bill. However, the delivery charge will increase by $16 due to the expiration of a $12 bill credit that went into effect in January. Eversource has urged customers to take advantage of energy efficiency and payment programs to keep energy usage low this summer. The company files to change rates twice annually, with rates likely to increase again next year.