The data don’t lie. In line with the trends we’ve been warning about for years, PSNH’s coal-fired business model is in free fall: Residential and small business customers continue to flee PSNH’s dirty, increasingly expensive energy service. Over the past year the number of residential energy customers in New Hampshire who purchased energy service from a supplier that is not PSNH jumped to around 30,000 households in December of 2012 (compared to around 2,000 households in December of 2011). That figure doesn’t include the veritable flood of customers who abandoned PSNH’s energy service at the end of 2012 when word got out about PSNH’s 34% rate increase (ENH reported signing up 1,700 customers on December 31 alone for service starting January 1). The stampede of residential and small business customers read more…
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