N.H. PUC Approves Large Commercial Rates at Granite State Electric, Unitil

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December 24, 2010

The New Hampshire PUC has approved new default service rates for large customers at Granite State Electric (National Grid) and Unitil Energy Systems for the three-month period beginning February 2011.

At Granite State Electric, default service rates for large and medium commercial and industrial customers will be as follows ($/kWh)

                                                      February ‘11   March ‘11    April ‘11
Base Default Service (DS) Rate             $0.07054      $0.07103      $0.06936
DS Cost Reclassification                      $0.00037      $0.00037      $0.00037
DS Adjustment Reconciliation Factor     $0.00123      $0.00123      $0.00123
RPS Adder                                          $0.00186      $0.00186      $0.00186
Total Default Service Rate                $0.07400       $0.07449      $0.07282

DTE Energy Trading, Inc. will supply default service for Granite State Electric's large and medium commercial and industrial customer class.

At Unitil, default service rates for large commercial and industrial (G1) customers will be as follows ($/kWh):
                     February ‘11    March ‘11      April ‘11
Base                  $0.06706       $0.06582       $0.06712
RPS adder          $0.00255       $0.00255       $0.00255
Total rate          $0.06961       $0.06837       $0.06967

DTE Energy Trading, Inc. will supply Unitil's default service load in the G1 class.

Unitil also provided an update on its Renewable Source Option Program (RSO) for default service customers approved by the Commission on May 7 (5/12).  Some 21 residential customers are participating in the RSO program (four at the 25 percent level, five at the 50 percent level, and 12 at the 100 percent level).  Unitil has promoted participation in its RSO program through Interactive Voice Response messaging, through articles published in the Union Leader, and through a mailing to its 65,000 customers in the October 2010 bills.

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