Another Rate Hike
In addition to the Massachusetts Eversource rate hike effective January 1, 2018, Eversource and United Illuminating customers in Connecticut will also experience an electric rate hike.
Eversource’s residential electric rate will increase from 8.01 cents/kWh to 9.08 cents/kWh. According to Eversource, this will result in an increase of approximately $7.45 per month on a customer’s electric bill. That’s about $89 every year! It’s important to note that these approximations will change based on the customer’s energy usage, current rate, and weather.
Similarly, United Illuminating rates will change from 7.6 cents/kWh to 9.66 cents/kWh. This is an even bigger rate hike than Eversource!
It’s very common for utility companies to implement annual electric rate increases, sometimes twice a year. These increases can occur for many reasons, from energy transmission costs to revenue growth. But, what if you knew where your power came from and exactly how much it would cost every month? The good news is you can choose where your power comes from and how much you pay! A home solar power system offers you independence from your utility company with affordable, clean, and renewable electricity. On average, residents in Connecticut save $156*on electricity after switching to solar power with RGS Energy.
Resolve to go solar this year and Own Your Power™.
Contact us at 888.56.SOLAR or click the button below to learn how much you can save!
*Savings numbers and home value increases are based on recent average RGS Energy customer purchases in that state. Each solar power system is customized for the customer and the home, so prices and savings will vary based on many factors including location, system size, shading, weather, availability/qualification for government and/or other rebates or incentives, and local utility rates. RGS Energy does not guarantee savings on total electricity costs, increases in home value, or financial returns. Terms of financing, if available, vary by location and are not available in all areas.