If you would like to compare rates and switch to the lowest rate supplier, it may save you a significant amount of money each year. They provide electricity to over 210,000 customers in Western Massachusetts including the counties of Berkshire, Franklin, Hampden, and Hampshire.Įversource (WMECo) customers are all in deregulated states where residents and businesses can choose what supplier and rate they want for electricity or gas supply and lower their utility bills. (WMECo) was started in 1886 and merged with Eversource Energy (formerly Northeast Utilities) in 2012. In April 2012, NSTAR became a subsidiary of Northeast Utilities and in February 2015, Northeast Utilities and all of its operating companies including Western Massachusetts Electric (WMECO), Public Service New Hampshire, Connecticut Light and Power, Yankee Gas, and NSTAR Gas and Electric, became one large utility company known as Eversource Energy.Įversource (formerly Western Massachusetts Electric WMECo) – Western Massachusetts Electric Co. NSTAR (now Eversource) was formed in 1999 by the merger of BEC Energy and Commonwealth Energy System. Eversource provides retail electricity and natural gas to 1.4 million customers in this region including the Boston urban area. National Grid USA is headquartered in Waltham, Massachusetts but is part of a larger company, National Grid plc, which is headquartered in London, England providing electricity and gas to customers throughout England.Įversource (formerly NSTAR) - The Eversource area that was formerly NSTAR is the region of Eastern and Central Massachusetts. National Grid as a whole operates over 9,000 miles of transmission and delivers electricity and natural gas to areas throughout the Northeast including Massachusetts, New Hampshire, New York, Rhode Island and Vermont. National Grid serves over 1.2 million electricity customers in 168 communities throughout Massachusetts including Brockton, Worchester, Franklin, Marlborough, Southbridge, Newbury Port, North Adams and many surrounding counties. Over the border in New Hampshire, Eversource announced in July that electric rates would be doubling for many residents due to higher natural gas prices fueled in part by the war in Ukraine.National Grid - Massachusetts Electric and Nantucket Electric – National Grid (formerly MECO) in Massachusetts includes the former utilities Massachusetts Electric and Nantucket Electric. Our office is exploring all possible options to alleviate this burden and help customers pay their bills this winter." "We urge the DPU to find ways to lessen the impact on energy bills and find long term solutions to prevent customers from seeing rates like these ever again. "National Grid’s rate hike will be devastating for hundreds of thousands of customers in Massachusetts who simply cannot afford it," a representative said in a statement. Prompted by Wednesday's announcement, the Massachusetts Attorney General's Office said it was meeting with local utility companies, regulators and consumer groups to look for ways to help residents deal with costs. Those rate increases would take effect Nov. They said their average residential customer using 126 therms of gas a month would see an increase of about 38%, or $86 on their natural gas bill over last winter. However, Eversource did announce Wednesday that it has submitted a proposal to the Department of Public Utilities seeking to raise its natural gas rates. National Grid announced a 64% increase in electric rates Wednesday, along with a 22% increase in natural gas prices “We know winter isn’t far away, so we’re encouraging and making it easier for our customers to take action now and letting them know that we are here to help,” Burt said. It consists of educating customers on how they can reduce and manage their energy costs. The company said its "Winter Customer Savings Initiative" is aimed at helping customers cope with rising energy costs. Given that, we think it’s a good time to work with our regulators and other stakeholders to review the process and electricity supply dynamics in the region, with an eye toward reducing price volatility and maintaining a secure, reliable and resilient energy system for the future.” “Today, under a sustained, high market price environment, it is challenging to maintain affordable prices. But things have fundamentally changed,” Helen Burt, the company's chief customer officer, said in a statement. That process has served customers well over the years and provides flexibility for unforeseen events, like limited supplier response to solicitations. "National Grid buys electricity on behalf of its customers from the wholesale power market through a regulatory approved process established 20 years ago. Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox.
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