Electric Rates Rising In The New Year Despite What You Might Have Thought

If your New Year's resolutions included turning off the lights more often, that's good. Contrary to what you might have expected, electric rates for Eversource customers have jumped.

An average household will pay almost 14 percent more than it paid in the second half of 2015, for a total of just under $150 a month — up from $132.

How can this be? Aren't oil and gas prices collapsing? Didn't Eversource just announce a few weeks ago that electric generation rates were going down?

http://www.courant.com/business/hc-haar-electric-rates-2016-20160104-column.html