From Paul Looney:
In early February, one of the electric suppliers that sells power to CPCNH failed to meet their commitment. This required CPCNH to find other suppliers under short notice when the cost of electricity had gone up due to the cold weather. As a result, your rates will be going up to .097 cents per kWh on 3/1/25 from the .089 cents that was established on 2/1/25. This is an increase of .009 cents.
This is an unfortunate outcome and one that CPCNH will be taking steps to insure will not happen again in the future.
We think it is important to point out that CPCNH has brought a level of competition to the Electricity Supply rates for the whole state and has saved Walpole residents around $508,000.00 in the last two years.
Beginning on 2/1/2025 the Electricity Supply rates are higher than Liberty’s rates which is set at .084 cents. As we told you in the 2023 Town Meeting you have the right to ask to be converted back to Liberty’s Electricity Supply. If you do that, and in the future you want to return to Walpole Power and CPCNH you will be able to do that without any additional costs. Please note that moving from one supplier to another can only take effect when your meter is read. To change your Electric Supplier you can call the CPCNH help desk at 1-866-603-7697.
Tagged: electricity rates, Walpole Community Power
Leave a comment