December 1, 2022

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New Hampshire Public Utilities Commission approves unit price increase

New Hampshire Public Utilities Commission approves unit price increase

Unitil customers can expect to pay about $100 more per month starting in December after the supply rate increase was approved on Friday afternoon, the Public Utilities Commission approved the increase after a hearing earlier in the day, and the approved rate means the usual rate per month. The bill will jump from $132 to $234, an increase of 77%. During the hearing, the Department of Energy agreed that the new rate was in line with the competitive market. “The significant price increases this year reflect continued market volatility and rising natural gas and electricity prices as winter approaches across the country. Energy Department attorney Matthew Young said it still had some concerns, but the Consumer Advocate Office said it still had some concerns, saying the price hikes It will significantly affect residents’ quality of life. A Unitil spokesperson, Alec O’Meara, said the company understands the seriousness of the situation and wants to make sure that customers know there are ways to get help. “It’s a place to understand this issue well,” he said. We’ll all be looking at it all winter long. If you have concerns, if you need help, you can go there to find some information.” The new rate goes into effect on December 1.

Unitil customers can expect to pay around $100 more per month starting in December after agreeing to a bid rate increase on Friday afternoon.

The Public Utilities Commission approved the increase after a hearing earlier today.

The approved rate means the typical monthly bill will jump from $132 to $234, an increase of 77%.

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During the hearing, the Department of Energy agreed that the new rate was in line with the competitive market.

“The massive price increases this year reflect continued market volatility and higher natural gas and electricity prices as winter approaches across the country,” said Matthew Young, an attorney at the Department of Energy.

But the Consumer Advocate’s office said it still had some concerns, saying the rate hike would significantly affect residents’ quality of life.

Unitil spokesman Alec O’Meara said the company understands the severity of the situation and wants to make sure customers know there are ways to get help.

“Go to unitil.com. We have as many resources out there as we can,” O’Meara said. “It’s a place to get a good understanding of this issue. We’ll all be looking at it all winter long. If you have concerns, if you need help, you can go there to find some information.”

The new rate will take effect on December 1.