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 Green

The 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.

2024 POWER SUPPLY RATES*

Residential
December 2023 - July 2024:
June 2023 - December 2023:
15.522 cents/kWh
14.839 cents/kWh
Commercial
December 2023 - July 2024:
June 2023 - December 2023:
15.416 cents/kWh
14.828 cents/kWh
Industrial
December 2023 - April 2024:
September 2023 - December 2023:
14.841 cents/kWh
13.293 cents/kWh

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

Winter electric rates: expectations and mitigation

Cape Light Compact will set the electricity supply rates for its green aggregation power supply program for the winter of 2024 in late November 2023. These rates will cover the pricing term that begins with December 2023 meter read dates and ends on July 2024 meter read dates for residential and commercial customers. Once rates are set, the Compact will update its website, issue a press release, and post ads in local newspapers.

The Compact anticipates that power supply rates will increase this winter. Energy prices typically increase during the winter months in New England due to the region’s reliance on natural gas for both electricity generation and heating. Due to global increases in the demand for and price of natural gas, wholesale electricity prices in New England are expected to be higher. All retail and utility electricity suppliers are facing these high market prices.

Higher per kilowatt hour electricity rates reinforce the importance of participating in the Compact’s energy efficiency program to reduce kilowatt hour usage. You can learn more about steps you can take to minimize the impact of cost increases here.

Tips for saving energy and reducing energy bill impacts this winter

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Cape Light Compact's Standard Power Supply Product is 100% Renewable. This means that, for electric usage by Cape Light Compact Residential Electric Customers on the Standard Power Supply rate in 2024, NextEra Energy Services Massachusetts retires renewable energy certificates (“RECs”) and clean energy certificates (“CECs”) as follows:

a. RECs and CECs to meet the state-mandated Clean Energy Standard (“CES”) and Renewable Portfolio Standard (“RPS”), which may include RECs from wind, solar, biomass and other renewable generation resources, equal to 62.3% of usage

b. RECs in addition to those required by the RPS and CES from a MA Class I resource in a quantity equal to 1% of usage

c. RECs in addition to those required under the RPS representing generation from North American wind resources in a quantity equal to 36.7% of usage Learn more here.

  • View the components and pricing build-up for the Compact’s power supply rates, which will begin after December 2023 meter reads and will end on July 2024 meter reads for residential customers.
  • View the components and pricing build-up for the Compact’s power supply rates, which will begin after December 2023 meter reads and will end on July 2024 meter reads for commercial customers.
  • View the components and pricing build-up for the Compact’s power supply rates, which will begin after December 2023 meter reads and will end on the April 2024 meter reads 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.
  • 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.
  • View the tariff governing Terms and Conditions for Competitive Suppliers (NSTAR Electric Terms and Conditions tariff M.D.P.U. No. 4 at 3A (Feb. 1, 2018))
*Please note that the Compact cannot ensure or verify the accuracy of the information provided by other service providers.*

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Click here to view a timeline illustrating the Compact's competitive procurement process for its current contract to provide all-requirements power supply

 

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