Oct 4, 2016 - Board Approves 14.2% Winter Period Rate Increase
The NHEC Board of Directors has approved a rate increase effective with bills rendered November 1, 2016. The increase will result in an overall bill increase of 14.2%, or $12.69 per month, for a typical residential member using 500 kilowatt-hours (kWh) per month.
Driving the rate changes are increases in the Regional Access Charge and Co-op Power portions of members’ bills.
The same conditions that have caused New England electric rates to spike for the past four winters are still to blame for this latest seasonal increase. The driver of winter electric prices is the cost of natural gas delivery into New England. Nearly half of the electricity produced in New England is generated by natural gas. Though the price of natural gas at the wellhead remains relatively low, a continuing lack of adequate gas pipeline capacity into New England means that power producers will be competing again this winter with home heating for limited natural gas supplies. This causes a significant winter increase in the price of natural gas delivered to New England, which corresponds to an increase in the price of wholesale electricity.
NHEC offers a variety of energy efficiency programs that can help reduce the impact of winter rate increases. For more information, please see the program listing at www.nhec.com/energysolutions.
Jun 17, 2016 - Four Members Elected to NHEC Board
Two new members and two incumbents were voted on to the NHEC Board of Directors after Co-op members cast ballots this June.
Running for the first time, Thomas Mongeon of Rumney and Carolyn Kedersha of Tuftonboro were elected to three-year terms on the Board. They will be joined by incumbent members Joseph Kwasnik of Jackson and Georgie Thomas of Intervale, who were re-elected to the Board by the membership. Kwasnik was voted Board Chair by his fellow members following the 2016 Annual Meeting held June 14 in Plymouth. He replaces former Board Chair Earl Hansen of Holderness, who retired after 15 years on the Board, 14 as Board Chair.
A total of 6,701 ballots were cast during the 2016 Board election. Mongeon was the top vote getter with 5,087 votes, followed by Kwasnik (4,976), Thomas (4,910), Kedersha (4,530) and Maurice “Moe” Lafreniere of Holderness (4,241).
May 17, 2016 - SCAM ALERT: Don't Be a Victim of Disconnect Calls
WHERE: Moultonborough, Lincoln
WHEN: Reports coming in today.
WHO: Commercial members are being targeted, including a retail store and a hotel.
DETAILS: Scammer reports they are calling from NHEC and demanding immediate payment of outstanding electric bill or member will face disconnection within a short period of time.
WHAT TO DO: Get as much information as possible and report it to your local police.
DO NOT provide any payment or account information.
Apr 7, 2016 - Board Approves 19% Summer Bill Decrease
PLYMOUTH, NH – Driven by a steep decrease in the seasonal cost of power, summer period electric bills will be going down by nearly 19% for most members of New Hampshire Electric Cooperative (NHEC).
Effective with bills rendered May 1, 2016, the Co-op Power portion of members’ bills (the cost of actual energy) will decrease by 43%. The result for the typical residential member using 500 kilowatt-hours (kWh) per month will be an overall bill decrease of 18.7%, or $20.61 per month. The typical residential member using 1,000 kWh per month will see a total bill decrease of 21.5%, or $41.21 per month.
The rate reductions were approved March 29 by the NHEC Board of Directors and continue an annual pattern of fluctuations that have seen the cost of power increase during the winter months and decrease in summer months. Driving these wide price swings are seasonal variations in the regional wholesale price of natural gas, which is used to generate approximately half of the electricity produced in New England.
Over the past several years, electric rates during the six-month summer period (May 1 – Nov. 1) have been substantially lower than the winter period, when constraints in the region’s natural gas pipeline infrastructure have led to price spikes. Natural gas demand increases sharply during the winter months due to its use as a primary heating fuel, which drives up the cost of generating electricity for winter delivery.
“Until natural gas pipeline capacity constraints are addressed in New England, we expect seasonal electric rate variations to continue,” said Steve Kaminski, NHEC Vice President of Power Resources & Access. “Looking forward to next winter, though conditions may change, at this time our outlook indicates rates should be lower than this past winter’s.”
The May 1 rate change is the result of a 43% decrease in the Co-op Power rate, from $.09504 to $0.05377 per kilowatt hour (kWh), offset slightly by a 0.2% increase in the Regional Access Charge.
Mar 2, 2016 - Mobile Food Pantry Helps Hundreds in North Country
COLEBROOK, NH - A Mobile Food Pantry, sponsored by the NHEC Foundation and staffed by NHEC employees, directors and family, provided much-needed help to nearly 250 families on February 27 in Colebrook.
This is the 6th consecutive year the NHEC Foundation has sponsored the event. NHEC volunteers, joined by more than 20 volunteers from Colebrook area clubs, were on hand to meet two fully loaded box trucks from the NH Food Bank. Soon, the floor of the Colebrook Elementary School was a sea of orange as volunteers filled tote bags with a variety of nutritious food, including potatoes, onions, carrots, cabbage, cereal, orange juice, chili pouches, Pad Thai, sesame teriyaki noodles and frozen containers of soup.
Attendees were also treated to free mittens, hats and blankets, which were hand knit by Sally Carver, wife of NHEC Director Jerry Hopkins, and friends. Thank you to all our volunteers for another successful event!