LUMA Energy has submitted a request for a rate increase, which could raise the average cost of a kilowatt-hour to 34.64 cents for residential customers. This request still needs to be approved by the NEPR. If accepted, subscribers could face a significant increase in their electricity bills, justified by the rising costs associated with fuels.
LUMA Energy requests a rate increase in response to rising fuel costs
This article was updated at 15:35.