Beginning with service rendered on and after March 1, NRLP customers will see a decrease in their electricity rates due to adjustments that were approved by the North Carolina Utilities Commission on Tuesday, February 19.

The decrease in rate is due to a decrease in the wholesale costs that New River pays for electricity.

All customers will see a significant decrease in electric costs.

For example, a residential customer who consumes 1,000 kWh each month will see a decrease of 9.8% ($10.48 per month).

Commercial and industrial customers will see similar decreases based on their energy consumption and load characteristics.