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Upcoming Winter Energy Prices 2022

Increased Price Volatility of Energy Supply

While Unitil’s current electric supply rates are locked in and will remain stable through November, New England’s energy market remains highly volatile. We want to ensure you know what resources and options are available to you now, before prices change again this fall.

To learn more visit: unitil.com/winter-energy-prices-2022-2023

Hi there, Alec O'Meara at Unitil here with another update about this coming winter's energy costs. As we've talked about before, New England is facing an energy crunch this coming season because there isn’t enough natural gas pipeline capacity coming to New England. This means we are competing abroad with Europe for Liquefied Natural Gas (LNG) shipments - which supplement our own supply.

We’ve been taking a number of steps to try and find ways to mitigate this cost. One thing we have done is work with local regulators to find a way to make our upcoming rate for an eight-month period as opposed to a six-month period. We’re hoping to be able to spread those costs out a bit more will help mitigate those costs, but we are still expecting high supply costs for this coming season.

We'll have more information as we receive it at unitil.com/winter-energy-prices. Find information about Energy Efficiency programs, assistant programs available this winter, and information on third-party supply.

 

About Unitil

Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil's operating utilities serve approximately 107,100 electric customers and 85,600 natural gas customers.

 

Media Contact

Alec O'Meara
Media Relations Manager