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Date: 2013-08-01

New Hampshire Ball Bearing's Electric Rates are Falling Too

According to the Wall Street Journal, one of the steadiest trends in business is the growth rate in electricity use. But due to several factors, that rate has fallen sharply during the past year. And the country may in fact see the biggest declines in the rate of electricity use since 1950. The result is the wholesale price of electricity has dropped across much of the country by over 40 percent from last year.

And as NHPR's Mark Bevis reports, that's welcome news for many of New Hampshire's largest electric users.

New Hampshire Ball Bearing employs 630 people at its plant in Peterborough .

Despite the recession, the company boasts continued growth


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