For anyone wondering whether they will be kept in the dark, this may provide some reassurance: there are state requirements to keep people informed when prices change for our "community choice aggregation" electricity supply, and we will comply with them. It also may be comforting to know that anyone can join or leave the Town's program at any time. So while there will be more publicity to come, as the state requires, I can provide some information here.
A few weeks ago, the Town renewed its supply contract for the Lincoln Green Energy Choice program, setting prices for a year starting January 1. On or about Nov. 17, Eversource proposed to the state Dept. of Public Utilities its rates for the six month period starting January 1. I understand the DPU typically approves such proposals, so the following cost comparison may be of interest. Eversource has proposed a big rate hike, to 25.649 cents per kilowatt hour for its standard rate for residential customers. The Lincoln Green Energy Choice prices will also go up, but each of the three tiers in our program will be less expensive than the new Eversource rate: Basic at 21.206 cents, Standard Green at 22.316 cents, and 100% Green at 24.018 cents. So you will save money staying in (or joining, if you're not already in) the Lincoln Green Energy Choice program, versus the Eversource residential rate applicable for the next six months. (Beyond that time, we can’t predict what the Eversource rate will be and therefore what the cost differential will be.) Some have asked why a spike in fossil fuel prices would affect even the “100% Green” option in our Lincoln Green Energy Choice program, which is based entirely on wind power. That’s a great question with an interesting answer that I will unpack in a separate post. Paul Shorb Chair, Lincoln Green Energy Committee On Sun, Nov 27, 2022 at 8:17 AM Richard Panetta <[email protected]> wrote: > Someone posed a question about the GEC contract for rates which is up in > January. Was that ever answered at all? > > The GEC sent out multiple emails telling us how great this new service > would be. Now the contract is up and rates will be changing it would be > nice to know what the new rates might be and how the negotiations are > going. If the rates change it would be nice to have time to look it over > and make a decision. As is I would not have known the contract was up had > that poster not mentioned it. As I had said we are getting. Crickets from > the GEC on this as of yet > -- > The LincolnTalk mailing list. > To post, send mail to [email protected]. > Search the archives at http://lincoln.2330058.n4.nabble.com/. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > . > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > >
-- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
