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Mass Electric Rates Rising for Few | Boston News

Mass Electric Rates Rising for Few | Boston News

Published 2 weeks, 2 days ago
Description

Massachusetts electric customers brace for a supply rate hike starting August 1st, but it won’t hit everyone—only about 26.6% on basic service plans. Utilities blame market volatility, including a cold winter and global instability, but stress they don’t profit—they just pass costs along. Most residents are on alternative plans and won’t see a change. Yet, many still feel the squeeze: switching to competitive suppliers over the last decade may have cost customers hundreds of millions more. Explore municipal aggregation or compare plans via the state’s Energy Switch site to find your best option.

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