09-28-09 Cape Light Compact Announces New Electricity Rates & Staff News

CAPE LIGHT COMPACT ANNOUNCES NEW ELECTRICITY RATES

Cape Light Compact and its electricity supplier, ConEdison Solutions, are pleased to announce reduced fourth quarter 2009 basic electricity rates for Cape Cod and Martha’s Vineyard customers.  The new lower rates will be in effect from the October 2009 to January 2010 meter read dates and will automatically adjust for current Cape Light Compact customers.

BASIC SERVICE RATE – Prices in cents per kWh

Large Commercial 7.490 CLC GreenSM 100% 9.09 CLC GreenSM 50% 8.39
Small Commercial 12.490 CLC GreenSM 100% 14.090 CLC GreenSM 50% 13.39
Residential 12.490 CLC GreenSM 100% 14.090 CLC GreenSM 50% 13.39

LONG TERM RATE

A new fixed long-term electricity price of 9.890 cents per kWh is available to Cape Cod and Martha’s Vineyard residential and small commercial customers who wish to lock in their electricity price over a longer period of time.  The new rate will go into effect on the next meter read date after a customer signs up and is guaranteed through the July 2011 meter read date.  ConEdison Solutions reserves the right to withdraw or modify this offer at any time.

To sign up for Cape Light Compact’s new long-term rate, please call ConEdison Solutions at  1-800-381-9192.

The next price adjustment for Cape Light Compact’s six-month basic rate for residential, small commercial, large commercial and Cape Light Compact GreenSM service will be announced in January 2010.  Based on current market conditions (as of September 2009), we expect our basic electricity prices to be 10% to 20% below 2009 levels for residential and small commercial customers.

CAPE LIGHT COMPACT FILES REPORT ON ENERGY EFFICIENCY ACTIVITIES FOR 2008

Cape Light Compact filed its annual report on energy efficiency activities for the calendar year 2008 with the Massachusetts Department of Energy Resources and the Massachusetts Department of Public Utilities today.

2008 Annual Report Highlights:

  • Cape Light Compact’s programs installed $5.5 million in highly cost-effective energy saving measures in homes and businesses across the Cape & Vineyard.
  • For every ratepayer dollar invested in energy efficient programs in 2008, Cape Light Compact reduced our customers’ net cost of electricity by $3.36.
  • In 2008, Cape Light Compact’s Energy Efficiency Programs saved enough electricity to power 1,600 homes and remove the greenhouse gas emissions from the equivalent of about 1,000 cars.

From July 2001 through December 2008, Cape Light Compact administered over $35.5 million in energy efficiency services to the residents and business of Cape Cod and Martha’s Vineyard and will invest $10 million more in 2009.

The full report is available for review on the Cape Light Compact website at the following link:  http://www.capelightcompact.org/documents/CLC2008AnnualReport2009-08-27.pdf

STAFF NEWS

Vicki Marchant, Commercial & Industrial Programs Analyst for Cape Light Compact, recently earned the distinguished Certified Energy Manager (CEM®) designation.  Marchant joins an elite group of only 6,000 professionals with the CEM® certification, which recognizes individuals who have demonstrated high levels of experience, competence, proficiency, and ethical fitness in the energy management profession.

Since its inception in 1981, the Certified Energy Manager (CEM®) credential has become widely accepted and used as a measure of professional accomplishment within the energy management field.  It has gained industry-wide use as the standard for qualifying energy professionals both in the United States and abroad. It is recognized by the U.S. Department of Energy, the Office of Federal Energy Management Programs (FEMP), and the U.S. Agency for International Development, as well as by numerous state energy offices, major utilities, corporations and energy service companies.

About Cape Light Compact

The Cape Light Compact, as administered through Barnstable County, is an inter-municipal regional energy services organization made up of all 21 towns of Barnstable and Dukes counties. The purpose of the Compact is to represent and protect consumer interests in a restructured utility industry. As authorized by each town, the Compact administers the regional energy efficiency program and works with the combined buying power of the region’s over 200,000 electric consumers to negotiate for lower cost electricity, including a green power offering, and other public benefits.  For more information on Cape Light Compact and its energy efficiency programs, please visit www.capelightcompact.org or call 1-800-797-6699.

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