As New Hampshire’s only electric utility owned by our members, we are always conscious of the price of electricity. Our team of experts closely monitor the energy market and manage its many moving parts to secure the best, lowest price for energy on behalf of you, our members.
Rob Howland (Director of Power Resources and Access), Sydney Marshall (Senior Power and Access Analyst) and Maddie Conkling (Market and Regulatory Analyst) comprise the June 2026 team charged with procuring power, which is driven by a high reliance on natural gas for electricity generation.
As a transmission-dependent utility, we purchase the transmission service that allows us to then deliver power to your homes and businesses – some $70 million to $80 million a year in electricity and high voltage line transport costs.
Affordability means many things, and while short-term costs are a part of our consideration, stability of rates remains our focus when procuring power.
Rob and his team practice nuanced load or usage forecasting and
engage with multiple suppliers in search of the lowest price available.
In the process of balancing demand with cost, the Co-op buys 60 to 70 percent of its power in six month lots to lock in prices ahead of time as a hedge to help protect against upward price swings in the market. The team also relies on day-ahead and real-time markets to make spot purchases that afford other opportunities for best pricing. They closely monitor these markets and are in touch with our energy suppliers to track longer term market dynamics. Combined, these practices have served the Co-op and our members well in managing risk and keeping rates among the lowest in New Hampshire.
As electricity prices continue to fluctuate across New England, this is a good time to review your current electricity supply arrangement— especially if you’ve noticed
increases in your power bill. Supply offers change frequently, and shopping around may help you find opportunities to save money. New Hampshire’s electric market gives you the option to choose your power supplier. You can switch to a competitive electric power supplier, join a community power aggregation program, or return to the Co-op’s default service (also known as “Coop Power”) at any time, subject to the terms of any existing contract. Our goal is to ensure you have the information you need to make the choice that works best for your home or business.
If you have questions, please contact us at (800) 698 2007 or solutions@nhec.com. We’re here to help you make an informed decision.
