Community Power’s default residential, small business electric rates drop 26%

posted on 1/8/2024

The Community Power Coalition of New Hampshire announced new Community Power rates in the state effective Feb. 1 through July 31, 2024, reducing the base electric rate by 2.8 cents to 8.1 cents per kilowatt-hour, a 25.7% rate reduction for Dover Community Power customers.

The new residential and small business electricity base rate will be the state's lowest. Based on the usage of 650 kWh per month, the estimated monthly energy supply cost would reduce from $71 to $53 per month, according to CPCNH. The Eversource base rate for the same period will be 8.285 cents per kWh. 

The default Dover Community Power product for residential and small businesses is Granite Basic, which includes at least 24.3% renewable content. Customers may opt for higher renewable content, including 33%, 50% and 100%. Dover Community Power is also available for mid-sized commercial customers (Class GV). Find more information about these competitive rates at https://www.communitypowernh.gov/dover.

Dover Community Power launched on Oct. 27, 2023. Most customers on Eversource’s default supply service were automatically enrolled in the Dover Community Power program if they didn’t choose to opt out. The Dover Community Power program is voluntary, and customers eligible can opt in or out. Customers who were not automatically enrolled purchase electricity from third-party suppliers, utilize net metering, or are commercial and industrial customers who use a significant amount of electricity.

Statewide, CPCNH is projected to provide default energy service to more than 120,000 customers in 28 cities and towns during the first half of 2024, with many more municipalities preparing to bring programs online.

For more information visit https://www.communitypowernh.gov/dover or call 866-603-7697 (POWR).