HYANNIS – With electricity rates dropping from historic highs, Eversource Energy has filed with the state Department of Public Utilities to pass the savings on to customers.
If approved, the new supply price would take effect July 1, resulting in a $25 per month decrease in the average total monthly bill, or about 20 percent.
Eversource spokesman Mike Durand says the timing couldn’t have been better.
“It’s going to be right at the time when most people are putting their air conditioners in and start to use them on a more regular basis so that’s really good news and great timing for customers,” said Durand.
Durand says it would affect a lot of customers on the Cape.
“On the Cape, it’s important to note that we as a delivery company serve about 200,000 customers, however of that 200,000, roughly 26,000 customers do get their supply from us. They are the ones who will benefit from the supply price cut that we’re announcing,” said Durand.
If approved, the price cut would take effect July 1.
