{"id":413,"date":"2023-03-30T06:09:00","date_gmt":"2023-03-30T11:09:00","guid":{"rendered":"https:\/\/www.maenergyratings.com\/blog\/?p=413"},"modified":"2023-03-28T14:10:28","modified_gmt":"2023-03-28T19:10:28","slug":"national-grid-ma-to-seek-lower-rates","status":"publish","type":"post","link":"https:\/\/www.maenergyratings.com\/blog\/national-grid-ma-to-seek-lower-rates\/","title":{"rendered":"National Grid MA to Seek Lower Rates"},"content":{"rendered":"\n<h2>MA Utility To Drop Rates<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-medium\"><img loading=\"lazy\" width=\"300\" height=\"200\" src=\"https:\/\/www.maenergyratings.com\/blog\/wp-content\/uploads\/2023\/03\/National-Grid-rates-MA-300x200.jpg\" alt=\"National Grid wants to lower its rates this spring. Find out how this can help you save MORE when you shop MA electricty rates this spring!\" class=\"wp-image-448\" title=\"MA Utility To Drop Rates\" srcset=\"https:\/\/www.maenergyratings.com\/blog\/wp-content\/uploads\/2023\/03\/National-Grid-rates-MA-300x200.jpg 300w, https:\/\/www.maenergyratings.com\/blog\/wp-content\/uploads\/2023\/03\/National-Grid-rates-MA-230x153.jpg 230w, https:\/\/www.maenergyratings.com\/blog\/wp-content\/uploads\/2023\/03\/National-Grid-rates-MA-350x233.jpg 350w, https:\/\/www.maenergyratings.com\/blog\/wp-content\/uploads\/2023\/03\/National-Grid-rates-MA-480x320.jpg 480w, https:\/\/www.maenergyratings.com\/blog\/wp-content\/uploads\/2023\/03\/National-Grid-rates-MA.jpg 724w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption><center><em>National Grid wants to lower its MA electricity rates. Find out how this could help you shop now for even lower priced plans and save even MORE money this spring!<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n<p>MA <a href=\"https:\/\/www.maenergyratings.com\/electricity-rates\">electricity rates<\/a> are incredibly steep. That means MA customers had to struggle to stay warm and keep the lights on this past winter. However, energy prices could turn around in May for many MA electricity customers. That&#8217;s because <strong>National Grid<\/strong> recently filed new <a href=\"http:\/\/www.energychoicematters.com\/stories\/20230315b.html\">default service rates<\/a> for its MA customers.<\/p>\n\n\n\n<h3>Lower Rates For MA Customers<\/h3>\n\n\n\n<p>Starting on May 1, <strong>National Grid<\/strong> will drop its rate to 14.115 cents per kilowatt-hour (kWh). This rate will last until the end of October. This is a huge rate discount for MA customers who have been paying 33.891 cents per kWh since November of last year.<\/p>\n\n\n\n<p>To put this in perspective, consider MA&#8217;s <a href=\"https:\/\/www.eia.gov\/electricity\/sales_revenue_price\/pdf\/table5_a.pdf\">2021 average monthly bill<\/a> of 596 kWh of energy per month. That means the supply portion of <strong>National Grid<\/strong> bills will fall from about $202 per month to about $84. That&#8217;s 58% less than what many customers are paying.<\/p>\n\n\n\n<h3>Why National Grid Lower Rates<\/h3>\n\n\n\n<p>But why is this happening now? With 38% of <a href=\"https:\/\/www.eia.gov\/energyexplained\/electricity\/electricity-in-the-us.php\">US electricity generation<\/a> coming from natural gas. electricity rates have been staggeringly high in New England. You may recall that in January, the <strong>Department of Public Utilities<\/strong> (DPU) have been <a href=\"https:\/\/www.maenergyratings.com\/blog\/dpu-investigating-ma-electricity-services\/\">investigating electricity services<\/a>.  The call for inspection came after MA lawmakers questioned DPU approved service rates. As it turns out, national gas prices had been falling since the start of the year. In fact, EIA predicts that <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/data\/browser\/#\/?v=21&amp;f=M&amp;s=&amp;start=202301&amp;end=202312&amp;id=&amp;maptype=0&amp;ctype=linechart&amp;linechart=ESRCU_NEC\">electricity prices<\/a> may plummet until July.  So it is likely that lower rates reflect the cheaper cost of natural gas.<\/p>\n\n\n\n<h3>Cheap Rates For National Grid Customers<\/h3>\n\n\n\n<p>It may be tempting to sit on default service rates for now. That&#8217;s because National Grid rates will fall below most current <a href=\"https:\/\/www.maenergyratings.com\/companies\">energy supplier<\/a> fixed rates. However, we are in the spring <a href=\"https:\/\/www.maenergyratings.com\/blog\/ma-electricity-what-is-shoulder-month-pricing\/\">shoulder month<\/a> period when MA electricity rates tend to be at their lowest. And competitive suppliers will likely need to cut their rates. Plus, the EIA prediction could mean rates may fall even lower. So don&#8217;t let the default service rate drop stop you from shopping for better rates.<\/p>\n\n\n\n<h3>Will Eversource Lower Rates<\/h3>\n\n\n\n<p>Eversource customers are likely wondering if their rates will lower as well. We won&#8217;t know for certain until they file their new rates. Nor can we predict how much the price difference could be. But with natural gas and electricity prices falling this spring, electricity customers in MA need to shop  and lock in the lowest rate now. Especially before summer heat cranks up everyone&#8217;s AC systems.<\/p>\n\n\n\n<h3>National Grid Electricity Rates<\/h3>\n\n\n\n<p>After a rough few winter months, <strong>National Grid<\/strong> customers can finally look forward to a break. Lower rates means more money in your piggy bank just in time for spring. But prices are likely to rise again during the summer heat, so shop now! And the best place to find the cheapest electricity rates and plans is at\u00a0<a href=\"https:\/\/www.maenergyratings.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.maenergyratings.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MA Utility To Drop Rates MA electricity rates are incredibly steep. That [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":450,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[10,18,22,20,16],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>National Grid MA to Seek Lower Rates - MAER: The Blog<\/title>\n<meta name=\"description\" content=\"National Grid has petitioned to drop its rates! Learn how this could help you save MORE on MA electricty rates this spring! 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