What until everyone gets their new electric bills next month. Electric rates are going way up for just about everyone in New England starting tomorrow. I saw Unitil in New Hampshire is raising rates 60%. I believe Eversource in Mass is going up 32%.
CT bills are going up 21% and this price is locked in until the Jun adjustment.
The electric bills of Eversource residential customers will see average standard offer service supply charges increase by $31 per month, or 21 percent, starting in January, according to Mitch Gross, an Eversource spokesperson. Gross said the figure is based on a customer who uses 700 kilowatts per month.
I have been on Solar for over 5 years. My panels have reached their ROI. Anyone with good sun exposure in New England should do it with our rates. All the states have crazy incentives that make the payback period 5-7 years.