If you live in the Northeast, you may want to re-think your New Years resolutions to include “going solar”! This past week, several New England electric utilities announced significant utility rate increases for residential and general (commercial & industrial) customers:
NStar: 30% increases
Connecticut Light & Power (CL&P): 25% increases.
National Grid – MA (NG): 40% increases.
Western Massachusetts Electric (WMECo). 30% increases.
Our Data Team constantly tracks and updates our database of electricity rates. We’ll post more as we see additional increases.