necro_ill-bill t1_j6ey1qo wrote
Reply to comment by Kolzig33189 in Are electric supply rates expected to drop again mid-year? Does a frugal homeowner need to check rates 2x/year to make sure they're getting the best deal? by sadswirlofme
Supply rates will definitely be coming down July 1st. Will they return to .09-.11? Most likely not. I’m predicting between .14-.18. Remember utility rates lag the real-time energy markets by 6-12 months. The $8-9/Dth gas we saw over the summer caused the drastic .24/kWh winter rates. With natgas under $3/Dth currently, rates will come down next rate change.
You can already see tranches of power in the .13-.17 range (second link)
https://www.eversource.com/content/docs/default-source/about/sept-22-ss-bids.pdf?sfvrsn=e5709dd0_1
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