Power Supply & Rates

cape-light-compact-scenics-1039Sustainability, Security, and Stability

We are strongly committed to providing competitive electricity prices and worry-free service to our customers through competitively-bid contracts. The Compact offers the security of a fixed rate and stable power supply option for a specific time frame, typically six months, for residential and small commercial customers. The rate for large commercial customers changes every three months.

We are proud to announce that we have teamed up with our supplier, NextEra® Energy Services Massachusetts (NextEra Energy Services), to become a green aggregator by matching 100% of Compact customers’ annual usage with Renewable Energy Certificates (RECs).

View the tabs below to learn more about pricing, renewable energy and green aggregation, and consumer information.

Call 1-800-381-9192 to sign up for Cape Light Compact’s Power Supply

For additional questions about Cape Light Compact, to discuss your options or other inquiries call (508) 375-6644 or email info@capelightcompact.org.

Helpful Information for Consumers – click image to enlarge

Rates for Cape Light Compact 100% Renewable Electricity

cape-light-compact-scenics-1065-cropped

 

NEW 2017 RATES*
(note: the rates below will begin after the meter read in June 2017 and will end on December 2017 meter read, or otherwise specified for Industrial customers)
Residential (June 2017 – Dec 2017)
10.550 cents/kWh
Commercial (June 2017 – Dec 2017)
10.930 cents/kWh
Industrial (June 2017 – Sept 2017)
8.330 cents/kWh
 * The new rates will be displayed on the bill that you receive after your July meter read.
2017 RATES* 
(note: the rates below will begin after the meter read in the month listed below and will end on June 2017 meter read, or otherwise specified for Industrial customers)
Residential (Jan 2017 – June 2017)
9.930 cents/kWh
Commercial (Dec 2016 – June 2017)
9.700 cents/kWh
Industrial (March 2017 – June 2017)
7.625 cents/kWh

* Prices include an adder of $0.001/kWh for the Cape Light Compact Operating Fund

  • View the components and pricing build-up for the Compact’s power supply rates which will begin after December 2016 meter read and will end on June 2017 meter read for commercial customers. For residential customers, rates will begin after January 2017 meter read and will end on June 2017 meter read. For Industrial customers, rates will begin after March 2017 meter read and will end on June 2017 meter read.
  • View the components and pricing build-up for the Compact’s power supply rates, which will begin after June 2017 meter read and will end on December 2017 meter read, or otherwise specified for Industrial customers.
  • View Eversource’s (formerly NSTAR) basic service rate.
  • Click on each supplier’s name below to view the Compact’s Current Competitive Electric Supply Agreement (CESA)with each one. The pricing strategy and supplier payment guarantee, Exhibit A and Exhibit E to these agreements contain certain confidential and competitively sensitive information and are not public documents.
  • View a list of licensed competitive electric suppliers, please visit the Executive Office of Energy and Environmental Affairs website.
  • View information on the Retail Electric Market, including info on basic service, competitive supply and municipal aggregation.
*Please note that the Compact cannot insure or verify the accuracy of the information provided by other service providers.*
 

Basic Electric Service Disclosure Label

Electric Power Suppliers are required by the Department of Public Utilities (DPU) to provide customers with a disclosure label. The label enables consumers to look at the energy sources, air emissions and information about the supplier in order to make a more informed choice of a power supplier. Consumers can compare energy labels to make the best choice based on their energy needs.

Click on the following links to view the current Disclosure Labels for Basic Electric Service

NextEra Energy Services Content Label for CLC Residential Electric Customers

NextEra Energy Services Content Label for CLC Commercial and Industrial Customers

Past Cape Light Compact Power Supply Contracts

Please click on the links below to view past Cape Light Compact Power Supply Contracts.

10.28.14 – Consolidated Edison Solutions, Inc. for residential electric customers

10.22.14 – NextEra Energy Services Massachusetts, LLC for commercial and industrial electric customers

01.21.2014 – Extension with Consolidated Edison Solutions, Inc.

01.10.2013 – Extension with Consolidated Edison Solutions, Inc.

01.01.2011 – Contract with Consolidated Edison Solutions, Inc

03.31.2009 – Extension with Consolidated Edison Solutions, Inc.

08.14.2006 – Extension with Consolidated Edison Solutions, Inc.

12.01.2005 – Contract with Consolidated Edison Solutions, Inc.

01.01.2005 – Contract with Consolidated Edison Solutions, Inc.

Feel Good About Your Electricity

Photo Credit - NextEra Energy Resources

Photo Credit – NextEra Energy Resources

Starting in 2017, Cape Light Compact is proud to announce that we have become a green aggregation. This means that the Compact, through its supplier NextEra® Energy Services Massachusetts LLC, (NextEra Energy Services) is matching 100% of Compact customers’ annual electricity usage with Renewable Energy Certificates (RECs), in addition to investing in new renewable energy resources through the EarthEra™ Renewable Energy Trust.

What is Green Aggregation?

Green aggregations are municipal aggregations that make an affirmative decision to meet more than the required amount (under the MA Renewable Portfolio Standard) of their aggregated electricity usage with renewable energy, usually though the purchase of additional Renewable Energy Certificates (RECs). This “greener” power supply option becomes the default option for customers participating in the aggregated supply. There are several municipal aggregations in Massachusetts offering high renewable content products, notably the Town of Dedham and City of Melrose, among others. Becoming a green aggregation utilizes the vehicle of municipal aggregation to achieve renewable energy purchasing at scale, which makes a tangible impact on accelerating renewable energy development by creating more demand for renewable energy.

How is the Compact becoming a Green Aggregator?
  1. The Compact has directed NextEra Energy Services to procure an additional 1% of RPS-qualified MA Class 1 RECs on an annual basis. When aggregated across the combined usage of all of the Compact’s customers, this represents a significant number of RECs. Since the RPS requirement for Class 1 RECs increases year-over-year, there is built-in growing demand, for which new projects must be built in order to produce the RECs required to meet the growing demand. By taking an extra 1% of those RECs off of the market every year above the already-growing requirement, Compact customers are creating an additional incentive for new renewable projects to be developed.
  2. In addition to exceeding the procurement requirement for RPS-qualified RECs as described above, the Compact has also directed NextEra Energy Services to purchase enough EarthEraTM RECs to make all Compact customers’ load 100% renewable or more, and to deposit those funds in to the EarthEraTM Renewable Energy Trust, which is a fund established by EarthEra, LLC an affiliate of NextEra Energy Services for the purpose of developing renewable energy projects in the United States. Funds from the Trust, which is administered by an independent third party, can only be used for new renewable energy projects. NextEra Energy Services has made a commitment to direct those funds to projects in New England to the extent possible.
  3. NextEra Energy Services has also made a commitment to direct its own funds in to the Trust in addition to those proceeds from the sale of the EarthEra RECs, which leverages the Trust contributions of Compact customers.
  4. The source of the funds deposited into the EarthEra Trust includes: 1) All of the revenue from the sale of the EarthEra RECs that NextEra Energy Services will use to match 100% of the Compact’s customers’ usage; and 2) All of the NextEra Energy Service’s contracted supplier fees (for avoidance of doubt, there are no additional fees that are being charged to supply this service). These funds, deposited into the EarthEra Trust, are guaranteed to be dedicated to the development of new renewable energy projects.

The result is that customers who participate in the Compact’s green aggregation power supply program will be purchasing renewable energy, creating an increased demand for renewable energy projects, and directly funding the construction of new renewable energy projects through the EarthEra Trust.

Learn More About Renewable Electricity and Cape Light Compact's REC Sources

Renewable energy is energy that is generated by resources that are naturally replenished on a relatively short timescale, including wind, solar, geothermal, tidal, etc. In order for electricity to be considered “renewable,” it must be matched with Renewable Energy Certificates (RECs).

A REC is a tradable commodity that represents the clean energy attributes of 1 megawatt-hour (MWh), or 1,000 kilowatt-hours 9kWh) of electricity generated by a renewable energy resource (e.g., a solar farm).

Watch the short video below from the U.S. Environmental Protection Agency, for a simple explanation of renewable electricity and the role of RECs.

For more information about RECs, please see our green aggregation FAQs.

Where does Cape Light Compact purchase RECs for its green aggregation?

Greater New Bedford Landfill

Greater New Bedford Landfill – http://gnbrrmdistrict.org

The Compact, through its supplier NextEra Energy Services, will be acquiring both RPS-qualified RECs from New England Sources and EarthEra™ RECs from sources in the U.S. outside of New England. The Compact is requiring NextEra Energy Services to purchase an additional 1% MA Class 1 RECs over the RPS requirement, and also meet 100% of the Compact customers’ load with EarthEra RECs.

The RPS-qualified RECs will include MA Class 1 RECs from local sources; 7 rooftop solar photovoltaic (PV) systems located on Cape Cod, and the Greater New Bedford Landfill Gas Utilization Project in North Dartmouth, MA. The local solar PV systems were installed in 2010 through the Cape & Vineyard Electric Cooperative, a local electric cooperative that has helped municipalities across Cape Cod and Martha’s Vineyard install 28 megawatts of solar PV to date. The Greater New Bedford Landfill Gas Utilization Project (at the Crapo Hill Landfill) collects and burns gas released by landfill waste to create energy. This landfill gas, which contains methane and carbon dioxide, would otherwise be released in to the atmosphere. Instead, it is utilized daily to generate 3.4 megawatts of electricity, enough to light about 3,500 homes per day.

In addition to procuring 1% more than the required amount of RPS-qualified RECs as described above, NextEra Energy Services will be allocating voluntary EarthEra RECs from renewable projects outside of New England to meet 100% of the Compact’s electric load. By way of example, if the RPS requires that 27% of retail electric sales be met with RPS-qualified RECs, NextEra Energy Services will meet 28% of Compact customers’ retail electric sales with RPS-qualified RECs, and will then also procure 100% of retail electric sales’ worth of EarthEra RECs, bringing the total renewable energy content to 128% of retail sales.

Check back in 2017 for a map of our REC sources.

Sign up for our newsletter to receive electric rate announcements, special offers, consumer advisories, event updates and breaking news items from Cape Light Compact.

Resources for filing a complaint against a competitive supplier:

Attorney General Consumer Advocacy & Response Division 617-727-8400 Online Complaint Form
MA Department of Public Utilities Consumer Complaints 617-737-2836  Online Complaint Form

The following video discusses what you should consider when approached with offers for electric service.

Watch the video below, which talks about why electricity prices have increased.

 

 

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