Sustainability, 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.
In 2017, we teamed up with our supplier, NextEra® Energy Services Massachusetts (NextEra Energy Services), to become a green aggregator, matching Compact customers’ annual usage above the mandated state requirements with voluntary Renewable Energy Certificates (RECs) to provide a 100% renewable product. Read more about Green Aggregation.
While our standard supply products sources voluntary RECs from across the country, Customers can choose to opt-in to the CLC Local Green℠ program which matches either 50% or 100% of customer usage with Massachusetts Class I RECs from right here in New England.
Consumer Resources CLC Local GreenThe table below shows our current standard supply pricing. CLC Local Green pricing can be found here.
Rates for Cape Light Compact 100% Renewable Electricity
For additional questions about Cape Light Compact, to discuss your options or other inquiries call (508) 375-6644 or email info@capelightcompact.org.
2023 POWER SUPPLY RATES* |
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Residential |
December 2022 – June 2023:June 2022 – December 2022: |
21.699 cents/kWh16.999 cents/kWh |
Commercial |
December 2022 – June 2023:June 2022 – December 2022: |
21.799 cents/kWh16.91 cents/kWh |
Industrial |
December 2022 – March 2023:September 2022 – December 2022: |
34.999 cents/kWh23.997 cents/kWh |
* Prices include an adder of $0.001/kWh for the Cape Light Compact Operating Fund
Why did the electric rates increase?
Cape Light Compact has set the electricity supply rates for its green aggregation power supply program for the upcoming pricing term that begins with the December 2022 meter read dates and ends on June 2023 meter read dates for residential and commercial customers.
The Compact’s new residential pricing will be 21.699 cents per kilowatt-hour (kWh), a rate that is nearly 4 cents per kWh lower than the utility’s basic service supply pricing. Compact power supply customers should see this price reflected on the electric utility bills that they receive in January 2023.
While energy prices typically increase during the winter months in New England, this year has seen particularly steep increases due to energy market conditions. The Compact’s December – June electric rates reflect the increase in New England-wide wholesale electricity market prices which is largely driven by increased natural gas prices. All retail and utility electricity suppliers are facing these high market prices to which the war in Ukraine and a reduced supply of alternative fuels (e.g., coal) is contributing. Higher per-kilowatt hour electricity rates reinforce the importance of participating in the Compact’s energy efficiency programs to reduce kilowatt hour usage.
The Commonwealth of Massachusetts requires that all electric supply products include, in 2022, a minimum of 51.3% clean energy resources that are located within the New England region, including at least 20% of which the Commonwealth has designated as “premium” renewable resources. This product includes 100% renewable energy resources. 1% of the resources that exceed the minimum requirement are located within the New England region and have been designated as “premium” resources by the Commonwealth. All remaining resources that exceed the minimum requirement may be located outside of the New England region and have not been designated as “premium” resources by the Commonwealth. Learn more here.
- View the components and pricing build-up for the Compact’s power supply rates, which will begin after December 2022 meter read and will end on June 2023 meter read for residential customers.
- View the components and pricing build-up for the Compact’s power supply rates, which will begin after December 2022 meter read and will end on June 2023 meter read for commercial customers.
- View the components and pricing build-up for the Compact’s power supply rates, which will begin after December 2022 meter read and will end on the March 2023 meter read for industrial customers.
- View Eversource’s basic service rate.
- Click below to view the Compact’s Current Competitive Electric Supply Agreement (CESA). 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.
- NextEra Energy Services Massachusetts, LLC for residential, commercial and industrial electric customers
- View how Cape Light Compact procures electricity and sets the rate.
- View a list of licensed competitive electric suppliers.
- View information on the Retail Electric Market, including info on basic service, competitive supply, and municipal aggregation.
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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 Standard Electric Service
NextEra Energy Services Content Disclosure Label for Residential Customers
NextEra Energy Services Content Disclosure Label for Commercial Customers
NextEra Energy Services Content Disclosure Label for Industrial Customers
Please click on the links below to view past Cape Light Compact Power Supply Contracts.
05.02.16 – NextEra Energy Services Massachusetts, LLC for residential, commercial and industrial electric customers
- First Amendment to CESA with NextEra Energy Services Massachusetts, LLC
- Second Amendment to CESA with NextEra Energy Services Massachusetts, LLC
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.