NSTAR Green Rate Change
Effective March 1, 2012 the NSTAR Green 50 premium will increase to 3.328 cents per kWh from 2.534 cents per kWh. And the NSTAR Green 100 premium will increase to 6.379 cents per kWh from 4.791 cents per kWh. For the average NSTAR Green 100 customer using 500 kilowatt-hours per month this will add approximately $8 to a total monthly bill when compared to recent electric bills. And for the average NSTAR Green 50 customer this will add approximately $4 to a total bill when compared to recent electric bills.
As a reminder, the premium for NSTAR Green is added to the Basic Service rate in the "generation" portion of the bill. Just as NSTAR does not make any profit on the fossil fuel generated electricity we purchase on customers' behalf, we also do not make a profit on the electricity generated by wind power.
NSTAR has a long-term contract with the wind farms that
supply NSTAR Green customers, but we must still make adjustments
to the premium due to changes in the market price for
electricity.
More NSTAR Green information, including
pricing,
terms and conditions and a
product label, is available.
Customers can also choose to
change their NSTAR Green option (e.g. from 100 to 50), or end participation in NSTAR Green
.
