NSTAR
			Symbol			NST

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Residential Electricity Rates to Drop Once Again for NSTAR Customers

2009-11-04 11:21 ET - News Release

Second Price Cut Announced this Year Puts Rates at their Lowest Levels since 2005

Company Website: http://www.nstar.com
BOSTON -- (Business Wire)

For the second time this year, NSTAR is proposing a significant price cut for its residential electric customers. The company is proposing a new rate that is 3.7% lower than current prices and 30% lower than prices one year ago. If approved, the average NSTAR customer will be paying almost $20 less a month beginning January 1^st than they did in the first half of 2009. Nearly 800,000 customers in NSTAR’s service territory will benefit from these price cuts.

“Between lower electricity supply prices and increased energy efficiency, customers are seeing much lower bills this year,” said Tom May, NSTAR Chairman, President and CEO. “The decline in market prices has allowed us to pass along some significant savings to our customers in recent months and in today’s difficult economy this represents one of the bright spots.”

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