MFF US Northeast > New Hampshire

Off topic Power company in New Hampshire raises prices 112%

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Johnnh:
Yes you read it right a 112% price increase just came in the mail. Its been in the news for a while but seeing our bill jump from $120 per month to $255 is a painful reality. This is awful for all the people that usd Eversource as their electric supplier. We dont have an option since they are the only provider delivering service in a majority of the state.
solar is not an option when your a senior on a fixed income with moderate retirement savings. I dont know what low income homes are going to do.
Looking forward to opinions

taxid:
What's the reason given for the big jump?

Johnnh:
The increase is New England wide, forced by a combination of COVID economic recovery, inflation, extreme weather impacting gas-producing states, and the ongoing war in Ukraine driving up prices for natural gas and oil.

swnoel:

--- Quote from: taxid on Aug 21, 2022, 07:39 PM ---What's the reason given for the big jump?

--- End quote ---

The reality is once Biden got elected he immediately shut down our ability to produce fuel. This action started a cascade of events that has lead to this. Putin and the war in Ukraine is an attempt to blame others for the Democrats actions. This increase can't occur without the PUC approval...

Johnnh:
The PUC did approve the increase

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