New Standard Offer Prices for National Grid in Massachusetts

The Massachusetts DPU approved new standard offer electricity supply pricing for National Grid customers for the period May 2013 to October 2013.

Fixed Basic Service Charge in ¢/kWh
May-October 2013
G-1: 6.827
Streetlights: 6.827

Fixed Basic Service Charge in ¢/kWh
May-July 2013
G-2, G-3 May: 7.208
G-2, G-3 June: 7.152
G-2, G-3 July: 7.119

Variable Basic Service Charge in ¢/kWh
May-October 2013
NEMA G-2, G-3:
May: 6.516
June: 7.448
July: 7.626

SEMA G-2, G-3
May: 6.495
June: 7.342
July: 7.583

WCMA G-2, G-3
May: 6.408
June: 7.336
July: 7.575

G-1 in all zones
May: 6.899
June: 7.347
July 7.6861
August: 7.354
September: 6.998
October: 7.030
Streetlights: 6.827

The complete DPU filing can be viewed here.

To protect your business from price fluctuations and obtain the lowest possible competitive pricing, contact Better Cost Control.

New York Capital Zone Electric Rates Nearly Double in Jan and Feb 2013

Nimo Pricing

Electricity customers in the  National Grid NiMo Zone F (Capital Zone) have seen their rates skyrocket in Jan and Feb  from ~$0.06 to over $0.12 per kWh.

In the 2012 Tariff Filing Letter, the proposed action states that:

“The Public Service Commission is considering whether to approve or reject, in whole or in part, revised tariff leaves filed by Niagara Mohawk Power Corporation d/b/a National Grid (“Niagara Mohawk”) that would increase the Company’s electric and gas base delivery revenues by $130.7 million and $39.8 million, respectively, effective April 1, 2013, and make other tariff amendments and accounting changes.”

Customers in Upstate New York should understand that fixed rates are in the $0.055 to $0.065 range for 12 months.  You can completely eliminate price fluctuations by contracting your electricity supply instead of dealing with the volatility of monthly pricing.

To obtain a fixed price electricity price quotation, contact Better Cost Control.  We represent all the suppliers, so you can be assured of the lowest prices with the best contract terms.

National Grid in Massachusetts Increases Basic Service Rates by 40%

National Grid customers in Massachusetts with Fixed Basic Service will see a rate increase on their bills starting on November 1, 2012.

G-1  Fixed customers will see a 9.53% electricity rate increase to $0.07/kWH for the period 11/1/12 to 4/30/13

G-2 SEMA customers will have electricity rates increase by 43% to $0.07231/kWH for the same period.

G-2 NEMA customers will have electricity  rates increase by 41.2% to $0.07478/kWH.

G-2 WCMA customers will have rate increased of 48.8% to $0.07486/kWH.

As a base of comparison, as of this posting on October 12, the one year fixed-price contracts for the above customers, with a November start, would be as follows:

G-2 SEMA: $.072

G-2 NEMA: $0.0722

G-2 WCMA: $0.07199

Nstar and National Grid to lower electricity rates for basic service

Massachusetts electricity ratepayers could soon see their electricity bills shrink as the lowest natural gas prices in over ten years make it cheaper to produce power.

Nearly 60 percent of the state’s electricity is generated by gas-fired power plants, and utilities – which have been paying less to buy that power – are passing the savings on to consumers.

NStar, now a subsidiary of Northeast Utilities of Boston and Hartford, asked state regulators on Monday to approve a nearly 16 percent cut in power rates for its 1.1 million electricity customers. That would bring the charge to its lowest in eight years.

Last week, National Grid, the state’s second largest utility, lowered its electricity supply charge by nearly 19 percent.

Both Nstar and National Grid typically provide prices for a period of  six months for fixed price customers (NStar: Jan to June and then July – Dec. National Grid: May – October and November – April). Industrial customer basic service prices are fixed for only three months.

The fixed prices that utilities contract with suppliers are based on auctions prior to the start date of the new fixed prices, in the same way that you, the commercial customer, contracts electricity.  When the utility fixed price offer expires, the new price will be based on market conditions at that time, which we forecast will be higher, since natural gas prices have come off of their lows.  Our recommendation is to contract for an eighteen month period at present, even if that price is slightly higher than what the utility standard offer is.  While the initial price might be higher, you will save when the present basic service price period ends, having locked in a fixed price for a longer period. Averaging those savings against the short-term price difference will protect you from price increases and control your energy budget.  Contact us for more information about controlling your electricity costs.

National Grid seeks 5.7% rate increase for Rhode Island

PROVIDENCE, R.I. (AP) — National Grid officials say a 5.7 percent increase to Rhode Island’s electricity rates is needed because of the rising costs of transmission and meeting state renewable energy mandates.

The power company has submitted a rate increase proposal to the state Public Utilities Commission, which is set to review the plans March 27 and 28. National Grid wants the new rates to take effect on April 1.

National Grid spokesman David Graves says costs are increasing for renewable energy certificates, which the company must buy under state law to show that renewable resources were used to generate a certain amount of electricity.

Nstar announces new Massachusetts electric rates

Nstar today announced its newly approved electric rates for the  January 1 – June 30 2009.  All prices below are in cents per kilowatt hour.

For fixed price customers:

  • Commercial: 12.707
  • Industrial NEMA: 10.673
  • Industrial SEMA: 11.963

For Variable Price Option

Commercial:

  • Jan: 14.228
  • Feb: 14.329
  • Mar: 12.559
  • Apr: 11.849
  • May: 11.354
  • June: 11.704

Industrial NEMA:

  • Jan: 11.044
  • Feb: 11.313
  • Mar: 9.624
  • Industrial SEMA

  • Jan: 12.347
  • Feb: 12.591
  • Mar: 10.909
  • You can eliminate your electricity price risk and save money by locking in your electricity pricing with longer term contracts.  Better Cost Control is a licensed electricity broker that represents all the electricity generation companies in the Commonwealth of Massachusetts.  We will obtain the lowest possible prices for your commercial and business electricity requirements.  Contact us at 617-332-7767 x150