What to know about electricity rates in New Hampshire
- The average New Hampshire electricity rate is 23.52 cents per kWh while the average national rate is 16.82 cents
- The cheapest electricity rate is 11.12 cents per kWh for New Hampshire residents
- New Hampshire's deregulated electricity market includes 19 providers
Best New Hampshire electricity rates
New Hampshire electricity rates range from 11.12 cents to 31.34 cents per kWh. The rates you find vary depending on the providers and plans available to you, and comparing companies is the best way to find better rates. Below are some rates from popular electric companies in New Hampshire.
What is the cheapest electricity company in New Hampshire?
| Rank | Provider | Service | Rate (c/kWh) | Customers |
|---|---|---|---|---|
| 1 | First Point Power | Energy | 10.66 | 8,281 |
| 2 | CleanSky Energy | Energy | 11.84 | 670 |
| 3 | New Hampton Village Precinct, New Hampshire Electric Utility | Bundled | 13.09 | 161 |
| 4 | Direct Energy | Energy | 13.32 | 97,540 |
| 5 | Wolfeboro Electric | Bundled | 14.08 | 8,611 |
| 6 | Town Square Energy | Energy | 15.47 | 8,016 |
| 7 | Precinct of Woodsville | Bundled | 15.47 | 1,513 |
| 8 | North American Power | Energy | 16.66 | 22,677 |
| 9 | Littleton Water and Electric | Bundled | 16.75 | 5,971 |
| 10 | City of Ashland Electric | Bundled | 16.79 | 2,637 |
Because New Hampshire has a deregulated electricity market, you have the flexibility to shop around for a cheaper electricity bill. Many states don't offer this choice. If you're looking to reduce your energy bill, consider switching to a different provider or plan. New Hampshire electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in New Hampshire
According to our data, the average electricity rate in New Hampshire is 23.52 cents per kWh. This equates to an average residential bill of $147.37 per month. The national average rate is 16.82 cents per kWh, and New Hampshire ranks as the 43rd lowest priced state in the nation.
| Rate | Usage | Bill | |
|---|---|---|---|
| New Hampshire Average | 23.52c | 626 kWh | $147.37 |
| United States Average | 16.82c | 875 kWh | $147.24 |
Since the average price is 23.52 cents per kWh or $147.37 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in New Hampshire depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.
Best electricity plans
In New Hampshire, the best electricity plans provide competitive rates, renewable energy options, and fixed or variable pricing. Top providers offer reliability, transparency, and customer incentives so you can save money and enjoy responsive support.
We've analyzed the prices, terms, and conditions of popular New Hampshire electricity plans. Below are our picks for the best residential plans in the state.
Compare New Hampshire electricity providers
There are 19 electricity providers in New Hampshire. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.
Residential electricity providers in New Hampshire
| Provider | Service Type | Rate (c/kWh) | Rate State Rank | Bill | Bill State Rank |
|---|---|---|---|---|---|
| First Point Power | Energy | 10.66 | 1 | $100.31 | 4 |
| CleanSky Energy | Energy | 11.84 | 2 | $42.55 | 1 |
| New Hampton Village Precinct, New Hampshire Electric Utility | Bundled | 13.09 | 3 | $130.82 | 13 |
| Direct Energy | Energy | 13.32 | 4 | $102.46 | 5 |
| Wolfeboro Electric | Bundled | 14.08 | 5 | $108.12 | 8 |
| Town Square Energy | Energy | 15.47 | 6 | $106.23 | 7 |
| Precinct of Woodsville | Bundled | 15.47 | 7 | $85.56 | 2 |
| North American Power | Energy | 16.66 | 8 | $118.51 | 10 |
| Littleton Water and Electric | Bundled | 16.75 | 9 | $104.57 | 6 |
| City of Ashland Electric | Bundled | 16.79 | 10 | $118.36 | 9 |
Showing 10 of 19 providers
Business electricity rates in New Hampshire
Commercial rates are typically cheaper than residential rates in New Hampshire because businesses consume much more energy than homes on average. Businesses basically get a volume discount on electricity since they use so much. Our data shows the average business in New Hampshire pays 19.96 cents per kWh for electricity and has an average bill of $269.68 per month.
| Rate | Usage | Bill | |
|---|---|---|---|
| New Hampshire Average | 19.96c | 1,351 kWh | $269.68 |
| United States Average | 12.43c | 5,742 kWh | $713.88 |
Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.
Best commercial electricity plans
Below are the top commercial electricity plans in New Hampshire.
| Provider | Contract Term | Rate | Plan |
|---|---|---|---|
3 months | 7.145¢ /kWh | ||
3 months | 7.172¢ /kWh | ||
3 months | 7.198¢ /kWh | ||
3 months | 7.207¢ /kWh | ||
3 months | 7.222¢ /kWh | ||
4 months | 8.798¢ /kWh | ||
4 months | 8.816¢ /kWh | ||
4 months | 8.819¢ /kWh | ||
4 months | 8.844¢ /kWh | ||
4 months | 8.910¢ /kWh | ||
15 months | 10.446¢ /kWh | ||
15 months | 10.504¢ /kWh | ||
15 months | 10.515¢ /kWh | ||
15 months | 10.528¢ /kWh | ||
15 months | 10.534¢ /kWh | ||
14 months | 10.557¢ /kWh | ||
14 months | 10.609¢ /kWh | ||
14 months | 10.620¢ /kWh | ||
14 months | 10.633¢ /kWh | ||
14 months | 10.644¢ /kWh | ||
| See All Plans | |||
How to switch New Hampshire electricity companies
Since New Hampshire deregulated its electricity market in 1996, residents have gained the power to choose their electricity suppliers and potentially reduce their energy costs.
The switching process is straightforward and won't disrupt your power service.
To switch providers:
- Compare rates from different suppliers like SmartEnergy, Direct Energy, and North American Power
- Select a supplier offering rates and terms that match your needs
- Review contract details, including term length and cancellation fees
- Complete the enrollment form with your chosen supplier
Your new supplier will handle the changeover with your utility company, and you'll maintain continuous service throughout the process.
When is the best time to switch energy providers in New Hampshire?
Understanding when to switch energy providers in New Hampshire requires careful attention to the state's biannual rate changes and market conditions. The ideal times to reflect on switching are near February 1 and August 1, when utilities adjust their rates.
You'll want to evaluate these key timing factors:
- Compare your current rate with upcoming changes
- Check for contract end dates to avoid termination fees
- Monitor seasonal price trends
- Watch for significant rate reductions
- Review market conditions affecting energy costs
For the best deals, use comparison tools like ours and time your switch during the confirmed rate decreases.
How deregulated electricity works in New Hampshire
New Hampshire's deregulated electricity market empowers you to choose your energy supplier while your utility company manages power delivery. This system, implemented in 2001, creates a competitive marketplace where multiple suppliers compete for your business.
Your utility company maintains the power lines and infrastructure but doesn't generate electricity. Instead, they procure power through competitive auctions held twice yearly.
The New England Independent System Operator (ISO) oversees the wholesale market, selecting the lowest-cost electricity bids from merchant plants to meet demand.
Under this structure, you can compare rates from different suppliers and switch providers to secure better prices, typically through contracts ranging from 3 to 30 months.
Types of electricity plans in New Hampshire
You have four primary options that cater to different needs and preferences: fixed-rate, variable-rate, prepaid/no-deposit, and renewable energy plans.
Fixed-rate plans offer rate stability with contracts ranging from 6 to 36 months, though they include early termination fees.
Variable-rate plans provide flexibility without contracts but expose you to market fluctuations.
If you're concerned about deposits, prepaid plans let you pay upfront and maintain control through balance alerts.
For environmentally conscious consumers, renewable energy plans support green power sources while remaining competitively priced.
Compare New Hampshire electricity rates
Compare New Hampshire electricity rates to save money and avoid overpaying in the deregulated market. Your bill can vary greatly depending on the provider and plan structure. Take the time to read the fine print and do the math to figure out which is your best option.
New Hampshire electricity rates vs other states
Electricity rates for the biggest cities in New Hampshire
New Hampshire electricity rate FAQs
In New Hampshire, a good electricity rate falls between 23 cents to 25 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.
New Hampshire electricity rates currently average 23.52 cents per kWh, but you'll likely pay between 22 to 26 cents depending on your provider, location, and plan type.
Your electricity costs rise in New Hampshire because you face some of America's highest transmission and distribution fees, plus heavy dependence on volatile natural gas prices. Customers pay premium rates for limited energy options.
Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.