The Town of Franklin has signed a thirty-six month contract with a new electricity supplier, First Point Power. Beginning with the November 2025 meter reads, the Franklin Community Choice Power Supply Program will have a new rate of $0.139 per kWh for its standard product which meets the state’s minimum renewable requirements (this is a change in renewable energy content).
The Program will also now offer an additional, optional product that uses 100% Massachusetts Class I Renewable Energy Certificates (RECs), at a rate of $0.1659 per kWh.
The Town’s current contracted supply rate of $0.151 per kWh with Dynegy Energy will expire with the November 2025 meter reads, at which time the new, lower contracted rate with First Point Power will take effect. This new rate is approximately 10% lower than National Grid’s current Residential Basic Service rate of $0.1548 per kWh and 7% lower than Eversource’s current Residential Basic Service rate of $0.1488 per kWh. Residents can expect to see an average savings of $7 per month (National Grid) and $6 per month (Eversource) for the months of November 2025 through January 2026.
Residents who are already enrolled do not need to take any action to opt-in to this program with the standard product at a rate of $0.139 per kWh. To opt-in with the optional 100% Massachusetts Class I Renewable Energy Certificates product at a rate of $0.1659 per kWh, residents will need to visit colonialpowergroup.com/franklin or call First Point Power at (888) 875-1711.
Residents who are not already enrolled but would like to enroll will need to opt-in to the program. To opt-in, visit colonialpowergroup.com/franklin or call First Point Power at (888) 875-1711.
Anyone who is enrolled will see the new rate and “First Point Power” printed under the “Supply Services” section of their December 2025 bill.
The Franklin Community Choice Power Supply Program has no fees or charges. However, anyone switching from a contract with a third-party supplier may be subject to penalties or early termination fees charged by that supplier. Ratepayers should verify terms before switching.
Basic Service rates with National Grid and Eversource change twice a year or more, depending on rate class. As a result, the aggregation rate with First Point Power may not always be lower than the Basic Service rate. The goal of the aggregation is to deliver savings over the life of the program against National Grid Basic Service. However, future savings cannot be guaranteed. Participants in the program are able to opt-out or re-enroll at any time.
Residents may visit colonialpowergroup.com/franklin or call (866) 485-5858 ext. 1 to learn more about Franklin’s Community Choice Power Supply Program, to opt-in or opt-out, or to change product selection.
Franklin launched its electricity program in November 2020 in an effort to develop an energy program that would be stable, affordable and incorporate renewable energy. From inception through March 2025, the Program has saved residents and small businesses over $16.6 million in electricity costs as compared to National Grid Basic Service.
ABOUT COLONIAL POWER GROUP:
Based in Marlborough, Mass., Colonial Power Group is the leading aggregation-consulting firm in Massachusetts. Colonial Power has been working with local governments since 2002 in the design, implementation and management of municipal aggregation programs.
