Beatrice Lang
Energy deregulation in New Hampshire means that while there is only one utility company that can deliver electricity to your home or business, you can choose who supplies your electricity. These companies are called competitive energy suppliers. New Hampshire residents can choose from a variety of competitive energy suppliers, including Eversource Energy, Liberty Utilities, Unitil Energy Systems, and the New Hampshire Electric Cooperative (NHEC). When choosing a competitive energy supplier, it is important to consider the price per kilowatt hour, contract length, cancellation policy, and termination fees.
| Characteristics | Values |
|---|---|
| Number of resellers | Many companies called "competitive energy suppliers" are registered to supply energy to your home or business |
| Choice | You can choose the company that will provide the electricity you use in your home or business |
| Comparison | A comparison of the products and prices offered by competitive energy suppliers is available |
| Bill | Your electric bill consists of two parts: delivery service and the electricity you use, which is your energy supply service |
| Delivery service | The delivery system (poles and wires) is non-negotiable, but you can choose who supplies your home with energy |
| Suppliers | Eversource Energy, Liberty Utilities, Unitil Energy Systems, New Hampshire Electric Cooperative (NHEC), Direct Energy, North American Power |
| Prices | The average cost per kWh in New Hampshire is around 22.97 cents, but prices vary depending on the supplier and your consumption |
| Contracts | Contract lengths vary, and there may be termination fees for ending a contract early |
| Payment | Some plans require upfront payments, such as sign-up or activation fees, while others are no-deposit or prepaid |
| Green energy | Some suppliers offer plans with 100% renewable energy |
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What You'll Learn
Energy deregulation and consumer choice
Energy deregulation is a concept that has been implemented in some states, including New Hampshire, to give consumers more choice and control over their energy rates. Before deregulation, local energy utilities held a monopoly over the industry, setting high prices with no competition. Energy deregulation has allowed new providers to enter the market, creating competition and driving prices down.
In New Hampshire, there is only one utility company that can deliver electricity to your home or business. However, energy deregulation means that you can choose who supplies your electricity. This is known as Energy Choice, where consumers can shop around for the best electricity rates and choose a supplier that fits their needs and budget. This is similar to how one might shop for a phone or cable provider.
There are many companies, known as competitive energy suppliers, that are registered to supply energy to homes and businesses in New Hampshire. Examples include North American Power, Unitil Energy, Eversource, and Liberty Utilities. When choosing a competitive energy supplier, it is important to be an informed consumer and review the details of the contract, such as the price per kilowatt-hour, contract term length, cancellation policy, and potential termination fees.
Energy deregulation has had several positive impacts on the energy market. Firstly, it has lowered prices for consumers due to increased competition among energy providers. Secondly, it has driven innovation and improved customer service, as energy suppliers are motivated to offer creative options and excellent service to attract customers. Additionally, deregulation has increased energy efficiency, with both providers and customers being incentivized to use power more efficiently. Critics of deregulation argue that the price reduction is not significant enough to merit the change. However, they fail to consider that many consumers who participate in Energy Choice are indeed benefiting from lower prices.
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Competitive energy suppliers and their pricing
Energy deregulation in New Hampshire means that while there is only one utility that can deliver electricity to your home or business, you have a choice when it comes to who supplies it. These companies are called competitive energy suppliers, and there are many registered to supply energy to your home or business in the state.
Competitive energy suppliers include Unitil Energy, which serves the southeastern seacoast and state capital regions of New Hampshire, including Concord. North American Power is another third-party electricity supplier in the state. Other energy providers include Eversource, formerly known as Public Service of New Hampshire, and Liberty Utilities, a subsidiary of Algonquin Power and Utilities Corp., which serves 43,000 electric customers across the state.
When choosing a competitive energy supplier, it is important to be a smart shopper. Look at your electric bills to determine what portion is for delivery and what portion is for the electricity you use. Write down the kilowatt-hour price for energy supply, which you can then use to compare offers from competitive suppliers.
Consider the following: What is the price per kilowatt-hour of electricity? If the price is fixed, what is the contract term length? How do you cancel the contract? Is there a termination fee if you end the contract early? Remember that competitive energy suppliers are required to notify you no less than 45 days before the end of your contract.
There are a few different plan types to be aware of when shopping for a new electricity plan. Fixed-rate plans offer stable rates month after month, while variable-rate plans can change monthly depending on price fluctuations in the energy market. These are month-to-month agreements, so you won't need to sign a contract or pay a fee if you switch plans. Prepaid and no-deposit plans can help you avoid an initial deposit, and renewable energy plans offset your electricity usage with energy from renewable sources.
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Contract terms and cancellation
When it comes to electricity supply in New Hampshire, while there is only one utility that can deliver electricity to your home or business, you have a choice of supplier. These suppliers are known as competitive energy suppliers, and you can choose from a range of companies to supply energy to your home or business.
Contract Terms
When considering a contract with a competitive energy supplier, it is important to understand the terms and conditions of the contract. Ask questions such as: What is the price per kilowatt hour (kWh) of electricity? If the price is fixed, what is the contract term length? How do you cancel the contract? Are there termination fees for ending the contract early? If the price is variable, what is the variable price based on? Is there a cap on the variable price? Are there any additional customer charges or other recurring fees?
It is important to review the fine print of the contract carefully before making a decision. Understand what happens at the end of the contract term and keep track of the contract end date to ensure you get the best price. Many suppliers will automatically switch you to a variable-rate plan at the end of your contract.
Cancelling a Contract
Cancelling a contract with an electricity provider can be a difficult decision, but it may be necessary in certain situations. Understanding your customer rights and the original contract terms is crucial. Knowing when your contract expires is the easiest way to cancel, as breaking a contract before the expiry date can be challenging. Many electricity providers will allow customers to break a contract for a fee, which could be a flat rate or an amount calculated based on the remaining contract length.
Remember, even if you switch energy suppliers, the pre-assigned electric company will still manage the electric grid and handle power outages or service issues.
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Average energy costs in New Hampshire
Energy costs in New Hampshire are higher than the national average. The average commercial rate in 2021 was 15.76 cents per kilowatt-hour (¢/kWh), 35% higher than the national average. The residential rate was even higher, at 19.59 ¢/kWh, 40% higher than the national average.
The latest figures from 2025 show that the average New Hampshire commercial electricity rate is 19.3 ¢/kWh (48% higher than the national average). The average residential rate is 24.02 ¢/kWh (37% higher than the national average). The average electric rate in New Hampshire is 25 ¢/kWh, which means that the average electricity customer in New Hampshire uses 966 kWh of electricity per month, adding up to 11,592 kWh over the course of the year. This results in an average monthly bill of $239, or $2,868 per year, which is 6% higher than the national average.
There are various energy suppliers in New Hampshire, including Eversource, Liberty Utilities, and Unitil Energy. The state has a deregulated energy market, meaning residents can choose their energy supplier. This freedom allows consumers to shop around for the best rates and plans to meet their needs.
To reduce energy costs, New Hampshire residents can consider installing solar panels. Based on the intensity and amount of sunlight hours in the state, the average electricity customer in New Hampshire would need a 9.1 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption. A solar panel system can lead to significant savings over time, even if there is an initial cost to installing the system.
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Renewable energy plans
Energy deregulation in New Hampshire gives you a say in who supplies your home with energy. While there is only one utility that can deliver the electricity you use, you have choices when it comes to who supplies it. These companies are called competitive energy suppliers.
The New Hampshire Department of Energy's website lists all the competitive energy suppliers doing business in the state. You can compare the products and prices offered by these suppliers. Your electric bill consists of two parts: delivery service and the electricity you use, which is your energy supply service.
Before choosing a competitive energy supplier, look at your electric bills to determine what portion is for delivery and what portion is for the electricity you use. Write down the kilowatt-hour price for energy supply. This is the number you will use to compare offers from competitive suppliers.
Some questions to consider include: What is the price per kilowatt-hour (kWh) of electricity? If the price is fixed, what is the contract term length? How do you cancel the contract? Is there a termination fee if you end the contract early?
Remember, regardless of who you buy your electricity from, you will continue to call your electric utility for outages, emergency services, and questions about your service.
- The Renewable Portfolio Standard (RPS) law mandates that 25.2% of the state's electricity come from renewable sources by 2025.
- Each year, electric service providers comply with the law by acquiring Renewable Energy Certificates (RECs), representing electricity generated from renewable sources.
- The Renewable Energy Fund (REF), administered by the New Hampshire Department of Energy, supports thermal and electrical renewable energy initiatives through rebate programs or competitive grant solicitations.
- Direct Energy offers the lowest energy rates of any renewable energy plan at 16.39 cents per kWh.
- SmartEnergy is another top-rated energy supplier in New Hampshire, offering 100% renewable energy plans, fixed-rate options, great customer reviews, and affordable pricing.
- North American Power is a third-party electricity supplier, which means you can choose your electricity source and be informed about how much you're paying for electricity.
- Unitil Energy provides electric service in the southeastern seacoast and state capital regions of New Hampshire, including Concord. They offer fixed-rate energy plans with stable rates month-after-month.
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Frequently asked questions
Some of the resellers of electricity in New Hampshire include Eversource Energy, Liberty Utilities, Unitil Energy Systems, and the New Hampshire Electric Cooperative (NHEC).
You can choose an electricity reseller in New Hampshire by comparing the products and prices offered by different suppliers. Some factors to consider include the price per kilowatt-hour, contract length, cancellation policy, and termination fees. It is also important to determine your energy consumption and consider the different rate structures offered by suppliers, such as tiered rates or time-of-use rates.
The process of switching electricity resellers in New Hampshire is straightforward. After choosing a new supplier, you can review the information available on their website and compare their rates. You should also consider any upfront payments, such as sign-up or activation fees, and decide if you want a contract or a prepaid plan. Once you have selected a supplier, they will typically contact your current utility company, and there should be no interruption in your service.
