On January 17, 2017, Eversource Energy submitted a proposal to the Department of Public Utilities (DPU) to update the company's electric rates. The proposal requests a net increase in annual delivery revenue of $60.2 million, representing a 7 percent increase in those revenues to support our electric distribution operations.
Eversource's request addresses increases in operating and maintenance costs and capital costs associated with investments in the electric network since the last decision by the DPU approving a general distribution rate increase in 2006.
The DPU will review our request, conduct public hearings in Eversource's service area, and then make a decision by November 30, 2017 for new rates to become effective January 1, 2018.
Cambridge, MA 02138
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