Reductions in the Co-op Power Rate, Member Service Charge Help Offset Other Rate Changes

PLYMOUTH – The New Hampshire Electric Cooperative (Co-op) Board of Directors has finalized its rate-setting process for 2026, resulting in modest adjustments to member bills.

Beginning Jan. 1, the Distribution Delivery Charge will increase from 4.7 cents per kWh to 5.9 cents. This change will be largely offset by a $5.66 reduction in the Member Service Charge, resulting in a slight increase of 23 cents per month for a residential member using 500 kWh.

On Feb. 1, the Regional Access Charge (RAC) will rise from 3.9 cents per kWh to 4.3 cents, while the Co-op Power Rate will decrease from 11.5 cents per kWh to 11.1 cents per kWh. Together, these adjustments will increase a 500 kWh member’s bill by 59 cents per month, or about 0.4 percent. Please note, these changes are not reflective of what members who receive power from a community power aggregation or competitive energy supplier will experience.

“We understand that many of our members are facing higher costs for everyday necessities, which is why we worked hard to keep electric bill increases as low as possible,” said Michael Jennings, President & CEO of NHEC. “Affordability and reliability remain our top priorities, and we will continue to take a strategic, thoughtful approach to rate setting.”

“The Board of Directors believes the approved changes in the rates are reasonable and the responsible to ensure the Co-op continues to provide affordable and reliable service to its members,” said Co-op Board Chair Bill Darcy.

The RAC reflects the cost of accessing the regional transmission grid and includes a state-mandated refund of Regional Greenhouse Gas Initiative (RGGI) proceeds. The Co-op Power rate represents the actual cost of electricity purchased for members.

For more details, including the current schedule of rates, visit:
https://www.nhec.com/schedule-of-fees-rates/