Consumers have the right to choose which electric plans they would like to use, and the option to switch if they find better rates or plans. These plans include fixed or variable rates, as well as green options. Here is more information about energy plans available in New Hampshire:
Green or renewable energy plans
Green options are popular among New Hampshire businesses and residents. Renewable options include biomass, geothermal, hydropower, sunlight, and wind. Businesses and residents can take advantage of solar electric, solar thermal, and wind renewable energy technologies. Between 2016 and 2017, wind power provided the majority of New Hampshire’s electricity.
When consumers sign up for a fixed-rate plan, that means their electricity supply rate stays the same throughout the length of the contract. It doesn’t matter if market volatility or natural disasters like tornadoes or other weather occurs. The supply rates are not going to change. Consumers can find fixed-rate plans for six, 12, 24, and 36 months.
Consumers who opt for a variable-rate plan are going to see fluctuations in their electric rates as market conditions change. While there is flexibility available in a variable-rate plan, the disadvantage is that pricing could lead to a higher monthly bill. These plans are optimal for those who prefer not to lock into a specific monthly rate, like with fixed-rate plans.
All New Hampshire residents are part of what’s called the New Hampshire Electricity Co-op. That means, if residents choose not to buy from a supplier, the co-op continues providing electricity to homes until they decide which electric supplier they would like to use.
Additional Choose Energy resources: