NSTAR (Eversource Energy) filed with the Massachusetts DPU new basic service electricity rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning July 1, 2022.

All rates below reflect the currently effective Basic Service Adders, Renewable Portfolio Standard, Alternative Energy Portfolio Standard, Clean Energy Standard, and Clean Peak Standard Adders.

Filed new WMECO fixed residential basic service rate for the period July through December 2022 is 15.348 cents per kWh, which is 12% higher than the current rate of 13.731 cents per kWh

Filed new WMECO fixed small C&I basic service rate for the period July through December 2022 is 14.978 cents per kWh, which is 15% higher than the current rate of 13.035 cents per kWh

WMECO rates are below in ¢/kWh, and include currently effective Basic Service Adders, Renewable Portfolio Standard, Alternative Energy Portfolio Standard, Clean Energy Standard, and Clean Peak Standard Adders, respectively.

WMECO Basic Service: ¢/kWh

Residential

Fixed Price Jul. 1, 2022 – Dec. 31, 2022: 15.348

Monthly Variable Rates:

Jul:   14.518

Aug:   14.249

Sept:  13.254

Oct:   12.596

Nov:   15.567

Dec:   20.791

Small C&I (23, 24, G-0, T-0)

Fixed Price Jul. 1, 2022 – Dec. 31, 2022: 14.978

Monthly Variable Rates:

Jul:   13.606

Aug:   13.732

Sept:  12.870

Oct:   12.908

Nov:   15.531

Dec:   20.259

Medium/Large C&I (G-2, T-4, T-2, T-5)

Monthly Variable Rates:

Jul:   16.364

Aug:   16.063

Sept:  14.674

Fixed Price Jul. 1, 2022 – Sept. 30, 2022: 15.799

Streetlighting (S-1 & S-2)

Fixed Price Jul. 1, 2022 – Dec. 31, 2022: 13.269

Monthly Variable Rates:

Jul:   11.549

Aug:   11.373

Sept:  10.167

Oct:   10.074

Nov:   13.318

Dec:   19.072

New England’s clean-energy goals can be achieved through the power of progress, competitive pricing, and people, says ISO New England in its 2021 Regional Electricity Outlook (REO). ISO New England Inc. is the non-profit operator of the region’s bulk power system and wholesale electricity markets.

The Regional Electricity Outlook is one of the many ways the ISO keeps stakeholders informed about the current state of the grid, issues affecting its future, and ISO initiatives to ensure a modern, reliable power system for New England.

“This year’s REO, lays the groundwork for us to appreciate the region’s progress over the course of the past three decades, so we can better understand the path ahead,” said Gordon van Welie, CEO of ISO-NE. “Getting to our clean energy future won’t be easy, but our changing climate won’t wait; the time is now to set the region on the right course and ensure that as our economy is decarbonized, it is supported with a reliable, cost-effective, and clean energy grid.”

You can view the full 36-page report below, courtesy of ISO New England, Inc.