A Message From Rep. Hunt re: Eversource Electric’s Rate Increase Proposal
Monday, March 27th, 2017 @ 2:47PM
According to Eversource, “[their] request addresses increases in operating and maintenance costs and capital costs associated with investments in the electric network since the last decision by the DPU approving a general distribution rate increase in 2006.”
Revenues in Eversource’s Eastern Massachusetts service territory (formerly NSTAR) would rise by a total of $60.2 million. For residential customers, this translates to a 7 percent increase (approx. $8.45) on monthly rates. This pertains to Eversource customers on Cape Cod and the Islands.
Revenues in the Western Massachusetts service territory (formerly Western Massachusetts Electric Company, or WMECO) would increase by $35.7 million. This means that residential customers in the western service zone would see a 10 percent increase (approx. $11.64) in their monthly rates.
The Department of Public Utilities is reviewing Eversource’s request; it must make a decision by November 30, 2017. If the request is approved, no new rates would go into effect until January 1, 2018.
As part of the review process, the DPU is hosting public hearings throughout the Commonwealth. The full hearing schedule is below; those being held in the South Coast, South Shore, and Cape & Islands regions are in bold:
Wednesday, March 22 at 7pm
Natick Town Hall
13 East Central Street
Natick, MA 01760
|Thursday, April 6 at 7pm
Plymouth South High School
490 Long Pond Road
Plymouth, MA 02360
|Monday, April 10 at 6pm
The Berkshire Athenaeum Auditorium
1 Wendell Avenue
Pittsfield, MA 01201
Thursday, March 30 at 6pm
|Wednesday, April 12 at 7pm
Springfield City Hall
School Committee Meeting Room
36 Court Street
Springfield, MA 01103
Monday, April 3 at 7pm
|Monday, April 24 at 6pm
Katharine Cornell Theatre
51 Spring Street
Vineyard Haven, MA 02568
Wednesday, April 5 at 7pm
|Wednesday, April 26 at 7pm
Greenfield Middle School Auditorium
195 Federal Street
Greenfield, MA 01301
The Commonwealth’s Attorney General has come out in opposition to Eversource’s proposal, arguing that the state must demand that the company justify raising rates on consumers. In a press release, her office noted that while the company’s shareholders received a return of roughly 89 percent over from 2010 through 2015, ratepayers “continue[d] to pay higher distribution rates than similarly situated National Grid customers.”
Additionally, it’s important for you to know that the Attorney General’s Office of Ratepayer Advocacy is a body charged with representing the interests of the Commonwealth’s ratepayers before the DPU. If you’d like to contact the Office of Ratepayer Advocacy, please click this link or call 617-727-8400.
If you’d like to know more about Eversource’s proposal or any other matter, please contact my aide, Matt Liber. He can be reached at email@example.com or at 617-722-2800 x8743. We’d love to assist you.
Thank you for your time in reading this message. It is an honor to serve you and represent your interests in the state Legislature.