Save with Community Electricity Aggregation
Attention Fairhaven Residents,
You may have heard that Eversource prices went up significantly as of January 1st. Luckily, back in 2016 Fairhaven’s Select Board joined forces with 26 local towns and adopted the community electricity aggregation (group purchasing) program to ease our rates.
If you are part of the aggregation program, then your supply rate will NOT go up on your electric bill. Our rate in Fairhaven with the aggregation program is $0.10865/kWh. If you’re not part of the aggregation program, your rate has jumped to $0.25649/kWh as of January 1, 2023 (!!!) from around $0.18/kWh in 2022. For the average homeowner, being part of the aggregation program right now means significant savings.
My family of four used around 420 kWh in December 2022 for a cost of around $45. If we were not part of the aggregation program, that 420 kWh of electricity in January would cost $107.73. Now here’s what I find truly exciting. My family has opted up to 100% renewable electricity through the aggregation program, which we get at a rate of $0.14420/kWh. 420 kWh costs $60.56 at that rate.
Currently, if you’re part of the aggregation program you’re saving money big time and you’re EVEN saving if you’re getting 100% renewable Class I RECs through the aggregation program.
How does aggregation achieve these savings? Simple. Buying in bulk and an extended 3 year contract compared to the utility contract of 6 months.
If you’re not part of the aggregation program, you can learn more and join at masscea.com/Fairhaven. You’ll know if you’re part of it because your Eversource bill will say Constellation Energy — Fairhaven as the supplier. If you have another supplier (unfortunately there are predatory suppliers out there that try to fool consumers; they’ll often offer a competitive rate to start and then hike it up over time), you should call them to find out if there is a fee to change suppliers.
Consider the MAGIC of aggregation and email your selectboard member to thank them for being a part of community electricity aggregation!
Laura Gardner, Fairhaven Sustainability Committee Member
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Click here to download the entire 1/19/23 issue: 01-19-23 Title5Mtg
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