A motion to join the SRPEDD Community Electricity Aggregation Program was unanimously passed by the City Council.
High electricity prices don’t have to be a fact of life.
Buy electricity together and save money for your community’s residents and businesses.
Up to 60% of electricity generated in Massachusetts is fueled by natural gas. There are not enough pipelines to transport natural gas efficiently into the state. As a result, residential electric rates are highly volatile and have increased dramatically in the last 24 months. This situation is likely to continue until new natural gas pipelines are complete in 2018, at the earliest.
The Financial Impact to Residents:
National Grid’s electricity supply rates increased dramatically on November 1, 2014, to over 16 cents per kilowatt hour for the next six months through April 30, 2015. This represents a 62% increase over last winter’s electricity supply rate of 10.025 cents per kilowatt hour.
To understand how electricity prices have increased over the last 24 months note that the 2012/2013 winter supply rate was 7.314 cents per kilowatt hour!
Leverage your town’s collective purchasing power to create a buying group for the purpose of procuring electricity for residents and businesses in bulk.
- Save residents & businesses money on their electricity bills
- Protection from volatile, rising energy prices
- Long-term budget stability
- Continue to receive a single bill from National Grid
- Continue to contact National Grid with any service issues
- Renewable energy options
- No early termination fees
- Opt-out anytime at no cost