Overview
- Healey’s package delivers about 25% off electricity and 10% off gas bills in February and March, funded in part by $180 million while leaving roughly 10% of each discount to be recovered later.
- Utilities filed with the DPU to recoup deferred amounts through seasonal surcharges, with many plans outlining electric recovery from April to December and gas from May to October.
- National Grid estimates average surcharges of about $4 per month for electric customers from April to December and about $9 per month for gas customers from May to October to recover roughly $43 million and $53 million respectively.
- Unitil projects average surcharges of $5.90 per month for basic service electric customers from April to December and $12.01 per month for gas-heating customers from May to October, while Liberty will not defer costs and will use program over-collections with April bill increases of about $1.84 to $5.87.
- National Grid, Eversource, Berkshire Gas, and Unitil will waive all interest or carrying costs on deferred charges after public and legislative criticism, with Eversource saying it made the decision earlier in the day.