National Grid’s new fixed residential basic service rate will increase to 18.213 cents per kWh, about 30% higher than the current rate of 14.115 cents per kWh. In early October, National Grid announced that its electricity basic service rates in Massachusetts for residential and commercial customers are increasing about 30% beginning November 1, 2023. Following the announcement of a 30% rate increase from one of the Commonwealth’s largest utilities, the Retail Energy Advancement League (REAL) today released a guide to help Massachusetts customers shop for competitive electric suppliers and save money ( vie w the guide here).
