NEW BEDFORD – Residential electric bills could rise by more than $6.50 a month next year if Eversource gets state approval to raise distribution rates, Southcoasttoday.com reported April 3.
Advocates are fighting the request, which would yield an additional $96 million for the company next year and almost $300 million over five years.
The effect on businesses for 2018 would range from a decrease of 3.5 percent to an increase of 14.5 percent, on average, according to a Department of Public Utilities notice.
For the typical residential customer on the South Coast, South Shore, Cape Cod, and Martha’s Vineyard, using 557 kilowatt-hours of electricity a month, the increase would be $6.54, or 5.2 percent, in 2018. Those who heat with electricity would see an increase of $9.81, or 6.6 percent.
Rates would decrease approxiamately $3.26 for customers with low incomes, according to the DPU. n