NSTAR Green Rate Change
NSTAR has filed an increase for the NSTAR Green premium with the Massachusetts Department of Public Utilities (DPU). NSTAR is currently awaiting a decision from the DPU on the change, and customers will be notified in advance of any change to the NSTAR Green premium.
If approved, this change would increase the NSTAR Green 50 premium to 2.356 cents per kWh from 0.837 cents per kWh. And for NSTAR Green 100, the premium would increase to 4.435 cents per kWh from 1.396 cents per kWh.
For the average NSTAR Green 100 customer using 500 kWh this will add approximately an additional $15 to an NSTAR Electric bill when compared to your recent electric bills. And for the average NSTAR Green 50 customer this will add approximately an additional $7.50 to a total bill when compared to recent NSTAR Electric bills.
The premium for NSTAR Green is added to the Basic Service rate in the “generation” portion of an NSTAR Electric bill, and if the DPU approves this rate change, it will be included with April bills along with a reminder message.
Energy market price fluctuations are not unusual; it is reasonable to expect both upward and downward adjustments over time. It is worth noting that the total price for NSTAR Green (combined with Basic Service) after this proposed adjustment will be slightly lower than the total price when this offering was launched in July 2008.
More NSTAR Green information, including pricing, terms and conditions and a product label, is available. Customers can also choose to change their NSTAR Green option (e.g. from 100 to 50), or end participation in NSTAR Green .
