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Rate Reduction

All articles tagged with #rate reduction

Electricity bills decrease for Eversource and CMP customers in multiple states.

Originally Published 2 years ago — by Press Herald

The Maine Public Utilities Commission has approved a reduction in the "standard offer" supply rates for residential, small, and medium-sized customers of Central Maine Power and Versant Power's Bangor Hydro District. The reduction of 1 cent per kilowatt-hour will result in a monthly savings of about $5.50 for an average residential customer. However, this reduction comes after recent price hikes for both utilities, with Central Maine Power customers seeing an increase of over $10 a month and Versant Power customers expecting a combined average rate hike of $17.59 a month. The rate cut goes into effect on July 15.

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"PUCN Approves NV Energy's Rate Reduction, Providing Relief for Customers"

Originally Published 2 years ago — by KOLO

The Public Utilities Commission of Nevada has approved NV Energy's plan to reduce rates for customers starting July 1. The reduction, which will vary between 5% and 16% depending on location and type of electric service, aims to alleviate the impact of higher purchased power and natural gas prices. While customers will see a reduction on their July bills, overall electricity bills may still be higher than last summer due to increased fuel costs. NV Energy estimates that the average single-family residential customer in northern Nevada will save around $20 per month over July, August, and September.

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