Summer Period Bill Decrease by NHEC | May 3, 2018 | UncategorizedPLYMOUTH, NH – Summer period electric bills are going down for members of New Hampshire Electric Cooperative (NHEC). Effective with bills rendered on or after May 1, 2018, the Co-op Power portion of members’ bills (the cost of actual energy) is decreasing by 18%. That drop is being offset somewhat by a summer period increase in the Regional Access Charge rate of 6%. The result for the typical residential member using 500 kilowatt-hours (kWh) of electricity per month is an overall bill decrease of 7%, or $7.46 per month. The typical residential member using 1,000 kWh per month will see a total bill decrease of 8%, or $14.91 per month. The Co-op Power rate decrease is as a result of forecasted lower energy prices in the summer period. The Regional Access Charge rate increase is as a result of higher regional transmission costs that NHEC incurs to have power delivered to its distribution system that serves 84,000 homes and businesses in 115 New Hampshire communities. The summer rate reductions continue an annual pattern of fluctuations that have seen the cost of power increase during the winter months and decrease in summer months. Driving these price swings are seasonal variations in the regional wholesale price of natural gas, which is used to generate approximately half of the electricity produced in New England. Excluding the monthly Member Service Charge of $29.32, the per kWh charge for residential members is now $0.1486, which is a 1.8% increase over May 2017. A complete listing of rates is available here.
Small Business Energy Summit Is April 3 by NHEC | Apr 2, 2018 | UncategorizedENERGY SAVINGS FOR SMALL BUSINESSES TUESDAY, APRIL 3, 2018 ENTERPRISE CENTER AT PLYMOUTH, 1 BRIDGE ST., PLYMOUTH, NH REGISTER HERE Join NHEC on April 3rd from 11-1 for a free Lunch and Learn (lunch provided) to discuss technologies and opportunities available to help reduce your energy use and overall costs Some of what will be covered: • Electrical basics: demand versus use • Understanding your bill • LED lighting • HVAC • Building Weatherization • Heat pumps • Educational resources • Funding sources for projects (grants and loans) Depending on time and companies in attendance: • Common opportunities in market segment (ie restaurants) • Compressed air • Motors • Vfds This Seminar is being sponsored by New Hampshire Electric Coop. About the Presenter: Joseph Lajewski is an Energy Solutions Program Administrator for New Hampshire Electric Cooperative with over 8 years’ experience assisting commercial, industrial, and municipal members reduce their overall energy and operating expenses through increased efficiencies and reduced maintenance costs.
Capital Credits to Be Listed on April/May Bills by NHEC | Apr 2, 2018 | UncategorizedNew Hampshire Electric Cooperative will be allocating positive operating margins to each of its members’ accounts based on their individual usage. As a result, a line item pertaining to “capital credits” will appear on the bottom of your April and/or May bills (see message below). It will indicate the amount that is being set aside in your capital account. Please note that this is an equity account, not a cash account. It represents your ownership interest, or equity, in the Cooperative. YOUR CAPITAL CREDIT ALLOCATION FOR 2017 IS $0.00. THIS AMOUNT WILL BE APPLIED TO YOUR PATRONAGE CAPITAL ACCOUNT. PLEASE SEE WWW.NHEC.COM FOR IMPORTANT DETAILS.
Applications Now Being Accepted for NHEC Foundation Scholarships by NHEC | Mar 28, 2018 | UncategorizedPLYMOUTH, N.H. – Applications are now being accepted for seven scholarships to be awarded this year by the New Hampshire Electric Co-op (NHEC) Foundation. The NHEC Foundation will award six $1,500 scholarships in 2018 (one of which will be reserved for a student entering a vocational/technical institution) to support the education and resulting careers of NHEC members and their children. Applicants must be at least a senior in high school at the time of applying and must either be a NHEC member or the child of a NHEC member. College and non-traditional students are eligible and welcome to apply. The deadline for applications is April 20, 2018. The NHEC Foundation will also be awarding the Kathy Anderson Scholarship to a deserving female adult learner who is working towards her undergraduate degree. This $2,500 scholarship will be awarded to the applicant who best exemplifies the legacy of Kathy Anderson, the wife of former NHEC President/CEO Fred Anderson, who passed away in 2010. The deadline for applications is May 18, 2018. For eligibility criteria and scholarship applications for both programs, please click here.
NHEC Foundation Mobile Food Pantry Helps Hundreds in Colebrook by NHEC | Mar 9, 2018 | UncategorizedCOLEBROOK, N.H. – The New Hampshire Electric Co-op (NHEC) Foundation partnered with the NH Food Bank on February 24 to distribute over 17,000 pounds of food to nearly 600 Colebrook area residents. The food was distributed via a mobile food pantry held at the Colebrook Elementary School. The NH Electric Co-op Foundation provided a $5,000 grant for the seventh year in a row to make the mobile food pantry possible. Volunteers from both sponsoring organizations, along with help from the Helping Hands food pantry and many local volunteers, were on site to help unload and distribute the food to those in need. The Board of Trustees at the NH Electric Co-op Foundation wishes to extend a very big thank you to all of the volunteers who made this event so successful. “It really was a collaborative effort to be able to serve so many,” said NHEC Foundation Executive Director Sara Thielbar. “By distributing over 17,000 pounds of food we know we were able to provide close to 14,500 meals to Colebrook area residents in just one day!” The NHEC Foundation, a non-profit 501(c)(3) organization, is funded by the generosity of NHEC members who round up their monthly electric bills to the next dollar with the proceeds benefiting the Foundation. Since being founded in late 2005, the Foundation has donated more than $3 million to support local charitable organizations and programs that improve the quality of life in New Hampshire. The New Hampshire Food Bank, a program of Catholic Charities New Hampshire, has been working to relieve hunger in the Granite State since 1984. The NH Food Bank is the only food bank in the state, and its registered hunger relief agencies rely on the food bank for approximately 40 percent of the food they distribute each year. For more information on upcoming mobile pantry distributions, those in need can visit www.nhfoodbank.org or contact the NH Food Bank agency relations department at (603) 669-9725.
SCAM ALERT! by NHEC | Feb 20, 2018 | UncategorizedSCAM ALERT! We’re getting multiple reports today from members and non-members around the state about calls they are receiving from individuals claiming to represent NHEC. The callers are demanding payment of an alleged past due balance and threatening immediate disconnection if payment is not received. THIS IS A SCAM – DO NOT PROVIDE ANY PERSONAL OR PAYMENT INFORMATION! If possible, get a name and a phone number and report it to your local police. Or, just hang up!