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Order Approving Eversource Adjustment to Stranded Cost Recovery Charge
Re: Petition for Adjustment to Stranded Cost Recovery Charge, Order Approving Adjustment to Stranded Cost Recovery Charge on Partially Provisional Basis
In this order, the Commission approves an adjustment to the Stranded Cost Recovery Charge (SCRC) for Eversource’s customers effective with services rendered on and after February 1, 2024. For residential class customers, the average SCRC rate will increase by 0.563 cents per kilowatt-hour (kWh) to 1.250 cents per kWh. The Commission will schedule a further review proceeding to consider Part 2 and Chapter 340 SCRC costs and resultant rates associated with Eversource’s contract with the Burgess-Berlin Biomass power plant (Burgess); in light of this, all SCRC costs and rates other than those for Part 1 of the SCRC are being approved on a provisional basis in this Order.
