We have an exciting update for Massachusetts households since we last wrote about heat pump rates in July: Starting November 1, all three investor-owned electric utilities (Unitil, National Grid, and Eversource) will launch new, lower winter electricity rates for homes that heat either partially or fully with heat pumps.
On average, Heat pump users can expect to save around $540 on their heating bills this winter, compared to what they paid in past winters. That’s roughly a 17% discount—a true game changer for clean heating in Massachusetts.
- The lower rates will apply from November through April, covering all electricity use in homes with a heat pump.
- This is great news, especially for households with heat pumps plus EVs, heat pump water heaters, electric dryers, and induction stoves—since the new rate applies to all of your electricity use during the winter.
Read more about it on the Green Energy Consumers Alliance website, including the rates and how to enroll.
These new rates will not affect the Newton Power Choice (NPC) portion of your electric bill since NPC is the default supplier of electricity in Newton. Eversource is the distributor in Newton and the lower rates will affect this portion of your bill.
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