CPCNH Board of Directors Approves Rate Increase

On Friday January 31, 2025, the CPCNH Board of Directors voted to raise default supply rates. 

The “Granite Basic” rate for residential and small commercial customers will move to 9.7 cents per kilowatt-hour (kWh), up from the 8.9 cent rate the Board approved on January 2, 2025. The 8.9 cent rate will be in effect for February. The 9.7 rate will go into effect in early March through July 2025. 

CPCNH works to provide the lowest rates possible while covering costs and maintaining financial stability. 

Why is CPCNH Adjusting Rates? 

CPCNH has adjusted rates to ensure rates cover costs. CPCNH was negotiating a power purchase agreement with a local generator to meet a significant portion of our energy needs. This agreement did not come to fruition. CPCNH closed market hedges to manage our position and adjusted rates accordingly. 

Competitive Rates and Savings Over Time 

Since launching in early 2023, Community Power has introduced more competition and product options for nearly 200,000 electric customers in New Hampshire. Customers can easily choose from options including 33%, 50%, or 100% renewable energy on a month-to-month basis and can move between Community Power, utility supply options, and third-party providers. 

From launch in April 2023 through July 2025 CPCNH’s Granite Basic will have averaged: 

• 15.3% savings relative to Unitil’s supply rate 

• 12.3% savings relative to Liberty’s supply rate 

• 8.7% savings relative to Eversource’s supply rate 

• Less than a percent difference from NH Electric Cooperative’s supply rate 

CPCNH is proud to have generated over $20 million in customer energy savings for New Hampshire. 

Customers may make product elections by visiting CommunityPowerNH.gov, calling 1-866-603-7697, or by emailing info@CommunityPowerNH.gov. Additional rate options are available at: https://www.energy.nh.gov/engyapps/ceps/shop.aspx 

Support HB 760 – Stop Utility Cost Shift to Community Power 

The Public Utilities Commission (PUC) is proposing regulatory changes that could undermine the competitive energy market and Community Power in New Hampshire. We encourage you to reach out to lawmakers in support of House Bill 760 to safeguard fair competition in the state’s electricity market. 

House Bill 760 aims to protect consumers and preserve the competitive market by preventing the shifting of utility costs to all customers through stranded cost charges. The bill seeks to reverse the PUC's recent ratemaking practices, ensuring that Community Power customers are not burdened with utility supply cost overruns. 

Please urge your lawmakers to support House Bill 760 and subscribe here for action alerts and legislative updates: https://www.cpcnh.org/community-leader-sign-up

Community Power Rates

Monthly Variable Rates for Mid-sized Commercial & Other Customers

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Community Power, authorized under NH RSA 53-E, empowers towns, cities, and counties to choose where their electricity comes from.

Community Power enables municipalities and counties to become the default electricity provider for their communities. Under Community Power, electric distribution utilities continue to own, operate and maintain the power lines and infrastructure while local communities gain control over the cost of their energy and where it is sourced from. Many more New Hampshire towns and cities have begun the process of launching their own programs in the coming months and years. More than 70 communities have already joined the Community Power Coalition and are currently in the process of launching their own Community Power programs.