NStar's business customers may see prices fall

NStar’s largest business customers can expect a 21 percent drop in electricity costs in the fourth quarter, due to a recent decline in the price of oil and natural gas, the company said.

Boston-area customers, most of whom use more than 50,000 kilowatt-hours a month, will see the price drop to about 11 cents per kilowatt hour, from about 14 cents, a spokeswoman said.

More than 1,000 large customers, such as CambridgeSide Galleria, will see the price cuts. The new rates take effect Oct. 1 if approved by the Massachusetts Department of Public Utilities.
(By Erin Ailworth, Globe staff)