Table of Contents
- What to know aboout electricity rates in Portsmouth, New Hampshire
- Best Portsmouth, NH electricity rates
- Average cost of electricity in Portsmouth, New Hampshire
- Best electricity plans in Portsmouth
- Business electricity rates in Portsmouth, New Hampshire
- Best commercial electricity plans in Portsmouth
- How to switch Portsmouth, New Hampshire electricity companies
- How deregulated electricity works in Portsmouth
- Types of electricity plans in Portsmouth, New Hampshire
- Compare Portsmouth electricity rates
- Portsmouth, New Hampshire electricity rate FAQs
What to know about electricity rates in Portsmouth, NH
- Portsmouth residents pay 22.73 cents per kWh while the average national rate is 16.08 cents
- The cheapest electricity rate is 10.24 cents per kWh for Portsmouth residents
- You can shop rates from 11 available providers in Portsmouth
Best Portsmouth, NH electricity rates
In the city of Portsmouth, you can find electricity rates that range from 10.24 cents to 34.91 cents per kWh. The best electricity plans in Portsmouth for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Portsmouth.
What is the cheapest electricity company in Portsmouth, NH?
Provider | Service | Rate (¢/kWh) |
---|---|---|
First Point Power | Energy | 10.39 |
CleanSky Energy | Energy | 11.54 |
Direct Energy | Energy | 12.99 |
Town Square Energy | Energy | 15.08 |
North American Power | Energy | 16.24 |
ENH Power | Energy | 18.66 |
SmartEnergy Holdings | Energy | 18.82 |
Ambit Energy | Energy | 18.93 |
Energy Rewards | Energy | 21.00 |
Eversource Energy | Bundled | 22.65 |
Because New Hampshire has a deregulated electricity market, Portsmouth residents 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. Portsmouth electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in Portsmouth, New Hampshire
According to our data, the average electricity rate in Portsmouth is 22.73 cents per kWh. This equates to an average residential bill of $139.75 per month. Our data also shows the average resident in Portsmouth uses 615 kWh per month. Below, you can see how Portsmouth's electricity rates compare to the averages in New Hampshire and the United States.
Rate | Usage | Bill | |
---|---|---|---|
Portsmouth Average | 22.73¢ | 615 kWh | $139.75 |
New Hampshire Average | 22.58¢ | 606 kWh | $137.83 |
United States Average | 16.08¢ | 871 kWh | $140.10 |
Since the average price is 22.73 cents per kWh or $139.75 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Portsmouth, 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
We've analyzed the prices, terms, and conditions of popular Portsmouth electricity plans. Below are our picks for the best residential plans in the state.
Provider | Contract Term | Rate | Plan |
---|---|---|---|
12 months | 12.29¢/kWh | See Plan | |
12 months | 12.39¢/kWh | See Plan | |
12 months | 13.09¢/kWh | See Plan | |
12 months | 13.19¢/kWh | See Plan | |
12 months | 13.59¢/kWh | See Plan | |
12 months | 14.39¢/kWh | See Plan | |
12 months | 15.99¢/kWh | See Plan | |
12 months | 16.49¢/kWh | See Plan | |
See All Plans |
Compare Portsmouth electricity providers
There are 11 electricity providers in Portsmouth, NH. 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 Portsmouth
Provider | Service Type | Rate (¢/kWh) | Bill |
---|---|---|---|
First Point Power | Energy | 10.39 | $96.66 |
CleanSky Energy | Energy | 11.54 | $41.01 |
Direct Energy | Energy | 12.99 | $98.75 |
Town Square Energy | Energy | 15.08 | $102.38 |
North American Power | Energy | 16.24 | $114.21 |
ENH Power | Energy | 18.66 | $120.62 |
SmartEnergy Holdings | Energy | 18.82 | $90.90 |
Ambit Energy | Energy | 18.93 | $128.38 |
Energy Rewards | Energy | 21.00 | $129.70 |
Eversource Energy | Bundled | 22.65 | $136.15 |
Business electricity rates in Portsmouth, NH
Commercial rates are typically cheaper than residential rates in Portsmouth, New Hampshire because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Portsmouth pays 17.68 cents per kWh for electricity and has an average bill of $57,429 per month. They also use 3,249 kWh per month, which is a big increase from the residential average of 615 kWh.
Rate | Usage | Bill | |
---|---|---|---|
Portsmouth Average | 17.68¢ | 3,249 kWh | $574.29 |
New Hampshire Average | 19.92¢ | 1,282 kWh | $255.45 |
United States Average | 12.05¢ | 5,603 kWh | $675.03 |
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 Portsmouth, New Hampshire.
Provider | Contract Term | Rate | Plan |
---|---|---|---|
3 months | 7.145¢/kWh | See Plan | |
3 months | 7.172¢/kWh | See Plan | |
3 months | 7.198¢/kWh | See Plan | |
3 months | 7.207¢/kWh | See Plan | |
3 months | 7.222¢/kWh | See Plan | |
4 months | 8.798¢/kWh | See Plan | |
4 months | 8.816¢/kWh | See Plan | |
4 months | 8.819¢/kWh | See Plan | |
4 months | 8.844¢/kWh | See Plan | |
4 months | 8.910¢/kWh | See Plan | |
15 months | 10.446¢/kWh | See Plan | |
15 months | 10.504¢/kWh | See Plan | |
15 months | 10.515¢/kWh | See Plan | |
15 months | 10.528¢/kWh | See Plan | |
15 months | 10.534¢/kWh | See Plan | |
14 months | 10.557¢/kWh | See Plan | |
14 months | 10.609¢/kWh | See Plan | |
14 months | 10.620¢/kWh | See Plan | |
14 months | 10.633¢/kWh | See Plan | |
14 months | 10.644¢/kWh | See Plan | |
16 months | 10.672¢/kWh | See Plan | |
16 months | 10.723¢/kWh | See Plan | |
16 months | 10.736¢/kWh | See Plan | |
16 months | 10.758¢/kWh | See Plan | |
16 months | 10.769¢/kWh | See Plan | |
13 months | 10.817¢/kWh | See Plan | |
13 months | 10.858¢/kWh | See Plan | |
13 months | 10.876¢/kWh | See Plan | |
27 months | 10.883¢/kWh | See Plan | |
13 months | 10.891¢/kWh | See Plan | |
13 months | 10.904¢/kWh | See Plan | |
28 months | 10.939¢/kWh | See Plan | |
27 months | 10.953¢/kWh | See Plan | |
26 months | 10.962¢/kWh | See Plan | |
27 months | 10.971¢/kWh | See Plan | |
27 months | 10.977¢/kWh | See Plan | |
27 months | 10.987¢/kWh | See Plan | |
28 months | 10.994¢/kWh | See Plan | |
28 months | 11.017¢/kWh | See Plan | |
26 months | 11.029¢/kWh | See Plan | |
28 months | 11.033¢/kWh | See Plan | |
5 months | 11.037¢/kWh | See Plan | |
28 months | 11.043¢/kWh | See Plan | |
26 months | 11.047¢/kWh | See Plan | |
26 months | 11.053¢/kWh | See Plan | |
5 months | 11.063¢/kWh | See Plan | |
26 months | 11.067¢/kWh | See Plan | |
12 months | 11.081¢/kWh | See Plan | |
5 months | 11.099¢/kWh | See Plan | |
25 months | 11.106¢/kWh | See Plan | |
5 months | 11.109¢/kWh | See Plan | |
12 months | 11.137¢/kWh | See Plan | |
5 months | 11.151¢/kWh | See Plan | |
29 months | 11.155¢/kWh | See Plan | |
12 months | 11.162¢/kWh | See Plan | |
25 months | 11.165¢/kWh | See Plan | |
12 months | 11.180¢/kWh | See Plan | |
25 months | 11.188¢/kWh | See Plan | |
29 months | 11.188¢/kWh | See Plan | |
25 months | 11.194¢/kWh | See Plan | |
36 months | 11.200¢/kWh | See Plan | |
17 months | 11.201¢/kWh | See Plan | |
25 months | 11.211¢/kWh | See Plan | |
29 months | 11.223¢/kWh | See Plan | |
24 months | 11.238¢/kWh | See Plan | |
29 months | 11.247¢/kWh | See Plan | |
36 months | 11.249¢/kWh | See Plan | |
17 months | 11.252¢/kWh | See Plan | |
35 months | 11.252¢/kWh | See Plan | |
29 months | 11.261¢/kWh | See Plan | |
17 months | 11.269¢/kWh | See Plan | |
36 months | 11.279¢/kWh | See Plan | |
17 months | 11.289¢/kWh | See Plan | |
36 months | 11.290¢/kWh | See Plan | |
11 months | 11.297¢/kWh | See Plan | |
36 months | 11.300¢/kWh | See Plan | |
24 months | 11.303¢/kWh | See Plan | |
17 months | 11.306¢/kWh | See Plan | |
34 months | 11.307¢/kWh | See Plan | |
35 months | 11.308¢/kWh | See Plan | |
23 months | 11.318¢/kWh | See Plan | |
36 months | 11.320¢/kWh | See Plan | |
36 months | 11.330¢/kWh | See Plan | |
24 months | 11.331¢/kWh | See Plan | |
35 months | 11.336¢/kWh | See Plan | |
24 months | 11.338¢/kWh | See Plan | |
34 months | 11.346¢/kWh | See Plan | |
24 months | 11.349¢/kWh | See Plan | |
36 months | 11.370¢/kWh | See Plan | |
34 months | 11.382¢/kWh | See Plan | |
36 months | 11.383¢/kWh | See Plan | |
11 months | 11.388¢/kWh | See Plan | |
23 months | 11.397¢/kWh | See Plan | |
12 months | 11.399¢/kWh | See Plan | |
30 months | 11.401¢/kWh | See Plan | |
33 months | 11.403¢/kWh | See Plan | |
35 months | 11.411¢/kWh | See Plan | |
11 months | 11.417¢/kWh | See Plan | |
35 months | 11.418¢/kWh | See Plan | |
11 months | 11.420¢/kWh | See Plan | |
See All Plans |
How to switch your Portsmouth electricity provider
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.
Best time to switch electric companies in Portsmouth, New Hampshire?
Understanding when to switch energy providers in Portsmouth 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.
Portsmouth's deregulated electricity market
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 Portsmouth, NH
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 Portsmouth electricity rates
Compare Portsmouth electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 10 to 35 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.
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Portsmouth, NH electricity rate FAQs
What is a good rate per kWh in Portsmouth?
In Portsmouth, New Hampshire, a good electricity rate falls between 22 cents to 24 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.
What are electric rates in Portsmouth today?
Portsmouth electricity rates currently average 22.73 cents per kWh, but you'll likely pay between 21 to 25 cents depending on your provider, location, and plan type.
Why is electricity so expensive in Portsmouth, NH right now?
Your electricity costs rise in Portsmouth 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.
Will electricity get cheaper in the future?
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.