"The town (Medway) has entered into a municipal aggregation agreement with an energy supplier, saving residents an estimated $215,500 over the first half of 2018.
The town entered into the six-month contract - its first under the new Medway Community Choice Power Supply program - with Constellation NewEnergy of Texas late last week. The state’s Department of Public Utilities approved the local aggregation program in October.
The town worked with energy consultant Colonial Power Group throughout the approval and bidding process. Mark Cappadona, Colonial’s president, said the agreement charges Medway customers about 11.8 cents per kilowatt hour, beginning in January. This represents a savings over the default rate of 13.2 cents per kilowatt hour that Eversource will begin charging in January."
Continue reading the article online (subscription may be required)
Update: Franklin also has a municipal aggregation program. The Town has gone to bid three times and have yet to get an acceptable rate to start. Deputy Town Administrator Jamie Hellen wants to get a good differential rate for the first time out as the rate will change over time (as shown in the Medway article).
The Municipal Aggregation program documents can be found here
- From the Town Council meeting where this was approved
|cover page of presentation to Town Council on Aggregation Program|
Post a Comment