News Release
WMECo Customers Seeing Slight Rate Decrease
Springfield, Mass. (July 3, 2014) – WMECo's Basic Service residential customers have begun seeing a decrease in their electric bills after the DPU approved the company's rate adjustments effective July 1st.
The average residential customer will see a decrease of about a $1.40 a month. The Basic Service rate in effect is $0.08844 per kilowatt-hour, a very slight increase from the current price of $0.08174. This increase is being offset by a refund from the U.S. Department of Energy. For a WMECo customer using 500 kilowatt-hours a month, the total bill will decrease from $91.76 to $90.40.
As a regulated distribution company, WMECo purchases electricity from suppliers and passes the cost directly to customers on the company’s Basic Service supply rate, with no profit to WMECo. By law, the Basic Service price for residential customers changes twice a year, on January 1st and July 1st.
WMECo also offers tips for customers to help reduce the amount of energy they use by becoming more efficient. For information about all of the energy efficiency programs the company offers, visit