Unitil Files Electric Rate Adjustment for its MA Customers.HAMPTON, N.H. -- Unitil Corporation (AMEX AMEX See: American Stock Exchange :UTL UTL Utility UTL Universidade Técnica de Lisboa (Portugal) UTL University of Toronto Libraries (Canada) UTL Unable To Locate UTL Universal Task List UTL Upper Tolerance Limit UTL Unit Transmittal Letter ) announced that its Massachusetts subsidiary filed new electric tariffs with the Massachusetts Department of Telecommunications and Energy (MDTE MDTE Massachusetts Department of Telecommunications and Energy ) that reflects the end of the Seabrook Amortization Surcharge and a corresponding change in transition service charges, effective October 1, 2005. There will be no bill impact for residential customers. Other rate classes will see slight changes in their bills of approximately one percent, up or down, depending on rate class and usage. This rate adjustment was filed as part of the implementation of the settlement agreement between Unitil, the Massachusetts Attorney General The Massachusetts Attorney General is an executive officer of the Massachusetts Government. The current Attorney General is Martha Coakley. The Attorney General is the chief law enforcement officer and lawyer for Massachusetts. , the Associated Industries of Massachusetts, and the Low-income Weatherization and Fuel Assistance Program Network that was approved by the MDTE in May 2005. Under the agreement, Unitil agreed that during 2005 it would adjust transition rates to recover remaining costs associated with electric restructuring only when there was a mirroring decrease in other rate components. Unitil Corporation (AMEX:UTL) at www.unitil.com is a public utility holding company with subsidiaries providing electric service in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , electric and gas service in Massachusetts and energy services throughout the Northeast. |
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