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PSNH seeks residential rate cut


MANCHESTER — Residential customers of Public Service of New Hampshire would see their bills drop starting July 1 under a proposed rate cut, the utility said Monday.

PSNH is asking state regulators to approve the reduction.
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An average PSNH residential customer using 500 kilowatt hours of energy would see its monthly bill cut by 31 cents, to $91.68, if the state Public Utilities Commission approves the July 1 rate adjustment, the utility said.
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In May, PSNH had indicated it expected to ask for a rate hike that would have raised the monthly bill to $93.55.
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