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Eversource files for 12% electricity supply rate decrease in Massachusetts

Eversource Energy asked Massachusetts regulators to approve an approximately 12% electricity supply rate decrease for its residential customers, starting July 1.

In its filing with the state Department of Public Utilities, the utility proposed a new supply rate of 11.397 cents per kWh, down from the current rate of 12.888 cents. Residential customers using an average of 550 kWh of electricity would see monthly savings on the supply charge of $8.20.

If approved, Eversource customers in the Eastern Massachusetts service area will see a decrease in monthly bills to $129.25 from $137.45, or a decrease of about 6% on the total bill, according to a May 16 news release.

Eversource serves approximately 1.4 million electric customers in Massachusetts.