National Grid Electricity Rates To Plummet This Spring

National Grid has good news for its Massachusetts customers: Expect lower electricity bills this spring.

The energy company says that starting May 1, the average residential customer will see a bill that’s roughly 23 percent lower than their current bill, which amounts to about a $25 savings.

After April 30, the price per kilowatt hour will drop from 13 cents to 8 cents, National Grid says.

“As we emerge again from winter, a season that consistently brings us higher energy prices, we are pleased that our customers can look forward to lower bills,” said Marcy Reed, president of National Grid in Massachusetts, in a statement.

A note of caution: National Grid says the dropping prices aren’t permanent and bills will likely go up again next winter, as supply prices are still high overall.

National Grid Electricity Rates To Plummet This Spring