Submitted by Seneca Energy
Supply prices have risen over the past year due to increasing consumption of electricity and natural gas. With the colder-than-normal weather we’re experiencing, demand is climbing even higher and pushing supply prices up. You may have noticed that supply rates have increased. For example, on January 30, 2026, electricity supply rates were 44% higher than on the same day last year. This means that even if your electricity or natural gas use stayed the same, your total charge is likely higher this year. Here are a few examples..
- A standard residential customer using 716 kWh of electricity in February would see about a $14 increase (23%) in supply costs compared to last year.
- A natural gas customer using 175 ccf in February would see an increase in supply costs of approximately $60 (81%) compared to last year.
