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AUTHORS: Jennifer Climo Jean Fullerton Jonathan Harrington Nick Prigitano Jenna-Rose Finnie Kyle Labelle

Electric Rates May Skyrocket AGAIN: Action you can take now

November 23, 2022 Cash Management Jean Fullerton

New Hampshire residents recently saw a huge increase in their electric bill, for example, a 50% increase in electric rates for Eversource customers. Unfortunately, things may get worse with the next scheduled rate change (December 6 decision). For example, Eversource has said it is “worried there might not be enough bidders to fulfill all of the power it needs to supply. And even if there are enough bidders, the prices those bidders offer could be extraordinarily high.”

Lions and Tigers and Electric Rates -- Oh My!

September 2, 2022 Cash Management Jean Fullerton

Increases in electricity rates today are as scary as dangerous beasts. In past years, increases in the cost of electricity have tended to match the US’s modest inflation rates of 2% to 3%, but this year, electricity rates are seeing dramatic increases. California residents are looking at a potential increase of 27%, and on the other side of the US, New Hampshire rates are increasing by as much as 50%.

Why the big spike in Medicare premiums?

February 25, 2022 Insurance Jean Fullerton

Medicare is the primary health insurance for most people over age 65. Medicare Part A, which covers hospitals, is typically free. Medicare Part B charges a monthly fee that covers doctor visits and outpatient services. Most people pay for their Part B premium from their Social Security check. Each year, Congress and the Centers for Medicare & Medicaid Services (CMS) decide how much to charge for Part B. This year, the increase ($21.60/month) is the largest dollar increase in Medicare history and the largest percentage increase (15%) since 2016.