PSNH electric bills should be lower
A user of 500 kilowatt hours of electricity per month will now pay $87.75 per month, a reduction of $4.68.
Public Service will reduce its energy service rate by 9.6 percent,. from 9.54 cents per kilowatt hour (kWh) to 8.62 cents, and take a .61 cent reduction in its "stranded cost recovery" fee, which represents some of the costs brought on by the restructuring of the electric energy to promote competition.
The company will boost what it charges customers for transmission of electricity from 1.359 cents to 1.714 cents per kWh.
PSNH will increase the money it sets aside for major storms every year by $5 million to $12 million annually.
During its review of two lengthy mass power outages in the state, the severe ice storm of December 2008 and the Halloween snowstorm in 2011, the PUC recommended that the utility "pre-stage" by bringing in crews and equipment from elsewhere in the country in advance of major storms. In its decision, the commission noted that the company did just that prior to four big storms last winter.