Overview
- The ruling prevents a roughly 12% increase in NSTAR’s delivery charge and is projected to save customers about $45 million this year.
- The decision covers about 303,000 customers in 51 communities previously served by NSTAR, and Eversource must submit revised plans to regulators.
- Eversource criticized the ruling as puzzling and warned it may pursue a full rate case with larger impacts if smaller annual adjustments are denied.
- Regulators have not yet decided on Eversource Gas of Massachusetts, where the company sought up to a 17% increase, or on National Grid’s proposed delivery reductions.
- National Grid says higher gas commodity prices would largely offset its proposed delivery cut, and Eversource has projected increased gas costs that could push overall bills higher.