{"id":13699,"date":"2025-06-16T13:15:21","date_gmt":"2025-06-16T17:15:21","guid":{"rendered":"https:\/\/www.capelightcompact.org\/press-release\/cape-light-compact-announces-new-residential-electric-rates-for-the-summer-season\/"},"modified":"2025-06-16T13:15:21","modified_gmt":"2025-06-16T17:15:21","slug":"cape-light-compact-announces-new-residential-electric-rates-for-the-summer-season","status":"publish","type":"press-release","link":"https:\/\/www.capelightcompact.org\/es\/press-release\/cape-light-compact-announces-new-residential-electric-rates-for-the-summer-season\/","title":{"rendered":"CAPE LIGHT COMPACT ANNOUNCES NEW RESIDENTIAL ELECTRIC RATES FOR THE SUMMER SEASON"},"content":{"rendered":"
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For More Information Contact:\u00a0 <\/em><\/strong><\/p>\n

Mariel Marchand<\/p>\n

Power Supply Planner<\/p>\n

mariel.marchand@capelightcompact.org<\/a><\/p>\n

508-375-6623<\/p>\n

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PRESS RELEASE<\/p>\n

For Immediate Release June 09, 2025<\/p>\n

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CAPE LIGHT COMPACT ANNOUNCES NEW RESIDENTIAL ELECTRIC RATES FOR THE SUMMER SEASON<\/strong><\/p>\n

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South Yarmouth, MA \u2013<\/strong>\u00a0Cape Light Compact has set the electricity supply rates for its renewable aggregation power supply program for the upcoming pricing term that begins with the July 2025 meter read dates through January 2026 meter read dates for residential and commercial customers. The Compact\u2019s new residential pricing will be 13.219 cents per kilowatt-hour (kWh) which is\u00a0 approximately 1.6 cents per kWh lower than Eversource\u2019s recently announced basic service supply pricing. Despite being below basic service, the Compact\u2019s new rate is approximately 1 cent per kWh higher than their current rate. This increase is primarily due to higher energy market prices for the term .<\/p>\n

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Cape Light Compact power supply customers should see this price reflected on the electric utility bills that they receive in August. If you are unsure whether you are on the Compact\u2019s supply, check the \u201cSupply\u201d section of your most recent electric bill. If the supplier is listed as NextEra Energy Services, you are enrolled in the Compact\u2019s supply program. If you have a different supplier and wish to switch to the Compact\u2019s supply, customers may do so by calling 1-800-381-9192.<\/p>\n

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\u201cThe Compact is dedicated to securing competitive rates for Cape and Vineyard electric customers. While these rates are a slight increase over the previous term, they are still lower than our competitors\u201d said Maggie Downey, the Compact\u2019s Chief Administrative Officer. She continues, \u201cThe most effective way to offset higher energy costs is to participate in the Compact\u2019s energy efficiency programs. A properly insulated home can help customers reduce energy usage year-round.\u201d<\/p>\n

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Residential and commercial customers, including renters, can begin with a no-cost Energy Assessment to identify energy-saving opportunities and qualify for incentives on efficiency upgrades. The Compact, the Cape and Vineyard\u2019s Sponsor of Mass Save\u00ae, offers significant rebates on insulation, air sealing, heat pumps, and other upgrades to make buildings more efficient and comfortable for all seasons. Additionally, income-qualified customers may receive incentives of up to 100% of the cost of weatherization and other upgrades.<\/p>\n

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There are many resources for those who need assistance paying their energy bills. Customers can explore billing and payment options including gas and electric discount rates, fuel assistance, and arrearage forgiveness programs. Contact information for billing and payment assistance programs can be found below.*<\/p>\n

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To learn more about Cape Light Compact\u2019s Energy Efficiency programs, customers can visit Capelightcompact.org\/Energy_efficiency or call 1-800-797-6699.<\/p>\n

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Cape Light Compact Power Supply Pricing<\/strong><\/p>\n

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In addition to the standard renewable power supply product, the Compact offers two\u00a0CLC Local Green\u2120\u00a0options.\u00a0CLC Local Green\u2120\u00a0allows customers to choose to have 50 or 100% of their electricity use matched with additional Massachusetts Class 1 RECs. These RECs allow for customers\u2019 electricity usage to be matched with certificates from renewable energy generated in New England. While the standard power supply program helps directly finance new renewable energy projects,\u00a0CLC Local Green\u2120\u00a0goes above and beyond to provide additional support for local renewable energy development in New England. Pricing for\u00a0CLC Local Green\u2120\u00a0 50\u00a0includes a premium of 1.0 cent per kWh above the standard power supply price, and\u00a0CLC Local Green\u2120 100\u00a0includes a premium of 3.0 cents per kWh.<\/p>\n

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The Compact\u2019s new commercial rate for July 2025 meter read dates through January 2026 meter read dates will be 13.253 cents per kWh, and the industrial rate for the period of July 2025 meter read dates through October 2025 meter reads dates will be 12.493 cents per kWh.<\/p>\n

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 <\/td>\nResidential<\/u><\/strong><\/td>\nCommercial<\/u><\/strong><\/td>\nIndustrial<\/u><\/strong><\/td>\n<\/tr>\n
Term<\/strong><\/td>\nJuly \u201925<\/em> \u2013 January \u201826<\/em><\/td>\nJuly \u201925<\/em> \u2013 January \u201826<\/em><\/td>\nJuly \u201925<\/em> \u2013 October \u201825<\/em><\/td>\n<\/tr>\n
CLC Standard<\/strong><\/td>\n13.219<\/td>\n13.253<\/td>\n12.493<\/td>\n<\/tr>\n
Local Green 50%<\/strong><\/td>\n14.219<\/td>\n14.253<\/td>\n13.493<\/td>\n<\/tr>\n
Local Green 100%<\/strong><\/td>\n16.219<\/td>\n16.253<\/td>\n15.493<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Customers not currently receiving their power supply from Cape Light Compact or who wish to opt in to the\u00a0CLC Local Green\u2120\u00a0program can do so online at www.capelightcompact.org\/power-supply<\/a>\u00a0or by calling the Compact\u2019s power supply provider, NextEra Energy Services, at 1-800-381-9192.<\/p>\n

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*Billing and payment assistance: <\/strong><\/p>\n

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For help managing past due electric bills:<\/strong>
\nCall\u00a0Eversource at\u00a0<\/em>(866) 315-2496<\/strong><\/a>\u00a0and ask about their new Arrearage Forgiveness Program<\/em><\/p>\n

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To inquire about natural gas discount rates:<\/strong>
\nCall National Grid at<\/em>\u00a0(800) 532-9600<\/strong><\/a><\/p>\n

To inquire about electric discount rates:<\/strong>
\nCall\u00a0Eversource at\u00a0<\/em>(800) 592-2000<\/strong><\/a><\/p>\n

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To apply for fuel assistance:<\/strong>
\nContact South Shore Community Action Council<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n