Checking in on Energy Aggregation

 A year ago, the Town began a Municipal Energy Aggregation Program and entered a three-year supply contract with Dynegy at a locked rate of $0.14146 per kWh.  At that time, residents using National Grid’s Basic Service were automatically rolled into the program unless they chose to opt out.  Residents that were using a third-party supplier were not automatically enrolled but were given the opportunity to opt into the program.

On October 15, a second mailing was sent to new residents using National Grid’s Basic Service with information about the Energy Aggregation Program, and ability to opt out.  Simultaneously, a postcard was sent to third-party customers, reminding them about the program and the action required if they would like to switch.  Third party customers are advised to check existing contracts for any potential early opt-out penalties or fees prior to switching to the Town’s program.

Energy aggregation is a program where a city or town buys electricity in bulk for its residents and businesses, leveraging collective purchasing power to secure lower rates and more renewable energy options than individuals could get on their own.  Energy aggregation provides stability in a fluctuating market and residents always have the choice to opt in and out of the program at any time, and at no cost.

The energy supply contract with Dynegy contains three electricity supply options for residents.

The current rate for National Grid Basic Service, announced in August, is $.17185 per kWh.  The town will continue to monitor National Grid’s variable rate, which changes every six months in February and August, and will post these rates on the town website at manchester.ma.us/832/Energy-Aggregation for residents to compare.

Any resident with questions or in need assistance opting in or out of the Energy Aggregation Program may contact the town’s program manager, Colonial Power Group at 866-485-5858, ext. 1.