The second consecutive rate decrease this year takes effect this month for NHEC members as energy prices continue their downward trend. The rate change will lower the Co-op Power portion of your bill and will result in an overall bill decrease of 7%, or $10.13 per month, for the typical member using 500 kWh of electricity per month. The typical 1,000 kWh member will see a total bill decrease of 8%, or $20.27 per month. A small change in the Regional Access Charge rate includes a refund from the proceeds of the Regional Greenhouse Gas Initiative. This most recent decrease comes on the heels of a February, 2023 rate reduction that resulted in a total bill decrease of 9.3%. It is also a welcome sign that wholesale electricity prices continue to ease in New England, following a turbulent period of sharp increases in 2022. The new Co-op Power rate is 11.42 cents per kWh and will be in effect through January 31, 2024. For more information about NHEC’s rates, including a current table of rates, please visit our website: www.nhec.com/rates-tariffs