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New Hampshire

New Hampshire Electric Rates and Prices

Written by Caitlin Ritchie

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Edited by Jamie Cesanek

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Last Updated:

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New Hampshire price to compare

In deregulated areas of New Hampshire, residents can buy electricity from their utility company or an alternative energy supplier. If you don’t enroll in a plan with a supplier, you’ll automatically be enrolled in a plan from your utility company. Each utility has a default rate per kilowatt-hour (kWh) it charges for electricity — also known as the price to compare (PTC). You can use the PTC to compare rates from alternative suppliers and sign up for a plan with the best rate for your home.

Here are a few of the biggest New Hampshire utilities and their current PTCs to help you find a good rate for your area:

Types of energy plans in New Hampshire

As you shop for a new electricity plan on Choose Energy, you’ll likely come across several plan types. You can review our energy plan guide for a detailed explanation of the pros and cons of each type. On a high level, here’s how the most popular energy plans work:

  • Fixed-rate plans: These plans enter you into a contract with your energy provider (most often lasting between 12 and 36 months). During this time, your electricity rate won’t change, providing stability and protection from market fluctuations. However, if you cancel your plan before it expires, you’ll typically have to pay an early termination fee (ETF).
  • Variable-rate plans: With a variable-rate plan, your electricity rate can change on a monthly basis, depending on fluctuations in the energy market. When energy demand is high, your rate will go up. On the flip side, you could have a cheaper rate when energy demand is low. Unlike fixed-rate plans, you don’t have to sign a contract and won’t need to pay an ETF if you decide to switch plans.
  • Prepaid and no-deposit plans: Some energy suppliers require a deposit if your credit score is below their required threshold. No-deposit energy plans let you skip the deposit. The most popular type is prepaid plans, which allow you to pay for your energy upfront. You’ll receive alerts when your account is low to top it up.
  • Renewable energy plans: Some providers offer green energy plans, which offset your electricity usage with energy from renewable sources, like solar and wind power. If you’re interested in a 100% green energy plan in New Hampshire, call our experts and ask about renewable options.

Energy choice in New Hampshire

New Hampshire passed a law in 1996 that deregulated the energy market, giving consumers the power to choose their energy supplier from a range of candidates. This legislation went into effect in 1998, but it took until 2003 for deregulation to spread throughout the state.

Deregulation opens the energy market up to competition between suppliers, often leading to more favorable New Hampshire electricity rates and plans. If you live in New Hampshire, you can use the free Choose Energy marketplace to compare energy rates and sign up for the best plan in your area. Enter your ZIP code or call our team to get started.

New Hampshire electricity suppliers

Energy suppliers (also known as electricity providers or power companies) set electric rates and sell energy plans to residents and business owners. The best New Hampshire electricity providers on the Choose Energy marketplace include Smart Energy and Direct Energy. Enter your ZIP code to browse available suppliers in your area today.

Utility providers in New Hampshire

Your utility provider is determined by where you live, so you can’t choose it, even in a deregulated market. These companies deliver power to homes and businesses, respond to power outages, and handle power lines and other infrastructure within their service areas. In New Hampshire, you have the option to enroll in an energy plan with your utility instead of with another supplier. There are currently four New Hampshire electric utilities:

  • Eversource Energy
  • Liberty Utilities
  • New Hampshire Electric Cooperative (NHEC)
  • Unitil Energy Systems

Average electric bill in New Hampshire

The average monthly electricity bill for New Hampshire residents is currently $164.15. We calculated the latest average (26.52 cents per kWh) from the U.S. Energy Information Administration (EIA). We multiplied this rate by New Hampshire’s average monthly usage of 619 kWh. This amount is about 8% higher than the national average bill of $152.32 per month.

Find the right energy plan with Choose Energy

With Choose Energy, you can compare electric rates and plans from top energy suppliers in NH in one convenient place. Once you’ve found the best energy plan in New Hampshire, we’ll guide you through enrollment over the phone or online.

  • Type in your ZIP code. We’ll show you a list of energy plans from New Hampshire power companies in your area. You can sort and filter them by price, plan type, and other specifics.
  • Select a plan. When you’re ready, you can easily sign up online in just a few minutes. If you have questions or want to enroll over the phone, call a Choose Energy expert at the number on your screen.
  • Enjoy your plan. Your new energy supplier will manage the transfer process with no interruption to your service, so there’s nothing else to do on your end.

Frequently asked questions about New Hampshire energy

Is a deposit required for my energy plan?

Many providers require a deposit before they begin service, but deposit requirements are usually based on your credit score. To determine how much you might owe, read the Terms of Service (TOS) document or contact the provider directly.

How can I lower my electric bill?

There are multiple ways to lower your electric bill, including using smart appliances and light bulbs, patching up drafty areas in your home, and maintaining your HVAC system. You may also be able to lower your energy costs by switching to a new plan with a lower rate.

Who is the cheapest electric supplier in NH?

Electricity rates vary based on your ZIP code, so the cheapest rate in one area may differ from rates in another part of New Hampshire. Currently, one of the cheapest electric suppliers in NH on our marketplace is Smart Energy.

How do I start electricity service in New Hampshire?

You can use the free Choose Energy marketplace to easily find and compare New Hampshire energy rates and plans from multiple suppliers in one place. Filter based on what matters most to you. When you’re ready, we can help you through the signup process in minutes.

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