This represents a decrease of $55 per month on the supply side of the bill given average usage of 600 kWh. Beginning with the November 2023 meter reads, the Auburn Community Choice Power Supply Program will have a new rate of $0.14684 per kWh.įor Auburn residents and businesses who are enrolled in the Town’s Program, the new rate of $0.14684 per kWh will take effect on November meter read dates. The Town of Auburn has signed a twenty-four-month contract with a new electricity supplier, Dynegy Energy Services. UPDATED IMPORTANT UPDATE FROM THE TOWN OF AUBURN Over the border in New Hampshire, Eversource announced in July that electric rates would be doubling for many residents due to higher natural gas prices fueled in part by the war in Ukraine.TOWN OF AUBURN EXECUTES CONTRACT FOR MUNICIPAL AGGREGATION Our office is exploring all possible options to alleviate this burden and help customers pay their bills this winter." "We urge the DPU to find ways to lessen the impact on energy bills and find long term solutions to prevent customers from seeing rates like these ever again. "National Grid’s rate hike will be devastating for hundreds of thousands of customers in Massachusetts who simply cannot afford it," a representative said in a statement. Prompted by Wednesday's announcement, the Massachusetts Attorney General's Office said it was meeting with local utility companies, regulators and consumer groups to look for ways to help residents deal with costs. Those rate increases would take effect Nov. They said their average residential customer using 126 therms of gas a month would see an increase of about 38%, or $86 on their natural gas bill over last winter. However, Eversource did announce Wednesday that it has submitted a proposal to the Department of Public Utilities seeking to raise its natural gas rates. National Grid announced a 64% increase in electric rates Wednesday, along with a 22% increase in natural gas prices “We know winter isn’t far away, so we’re encouraging and making it easier for our customers to take action now and letting them know that we are here to help,” Burt said. It consists of educating customers on how they can reduce and manage their energy costs. The company said its "Winter Customer Savings Initiative" is aimed at helping customers cope with rising energy costs. Given that, we think it’s a good time to work with our regulators and other stakeholders to review the process and electricity supply dynamics in the region, with an eye toward reducing price volatility and maintaining a secure, reliable and resilient energy system for the future.” “Today, under a sustained, high market price environment, it is challenging to maintain affordable prices. But things have fundamentally changed,” Helen Burt, the company's chief customer officer, said in a statement. That process has served customers well over the years and provides flexibility for unforeseen events, like limited supplier response to solicitations. "National Grid buys electricity on behalf of its customers from the wholesale power market through a regulatory approved process established 20 years ago. Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox.
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