Eversource NH Proposes $182M Rate Hike?

Utility companies are increasingly investing in system automation, vegetation management, and storm hardening initiatives. These improvements, aimed at enhancing service reliability and safety, especially in the face of escalating weather events possibly linked to climate change, come with a cost. As a result, customer bills are expected to see a significant increase of approximately 17% over the next two years. Such investments are critical in adapting our energy infrastructure to be more resilient and sustainable, aligning with broader environmental goals and ensuring a steadier, more secure energy supply. Investing now in these areas could potentially mitigate larger costs down the road, caused by storm damages and power outages. This proactive approach not only supports climate resilience but also reflects a forward-thinking strategy on the part of utility providers.