Power Supply & Rates
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 firstname.lastname@example.org.
Helpful Information for Consumers – click image to enlarge
Rates for Cape Light Compact 100% Renewable Electricity
2018 POWER SUPPLY RATES*
(Note: The Industrial customer rate will begin after September 2018 meter read and all three rates will end on December 2018 meter read)
Residential (June 2018 – Dec 2018)
Commercial (June 2018 – Dec 2018)
Industrial (Sept 2018 – Dec 2018)
* 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 June 2018 meter read and will end on December 2018 meter read for residential and commercial customers.
- View the components and pricing build-up for the Compact’s power supply rates, which will begin after June 2018 meter read and will end on September 2018 meter read for industrial customers.
- View the components and pricing build-up for the Compact’s power supply rates, which will begin after September 2018 meter read and will end on December 2018 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, 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.
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
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
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?
- 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.
- 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.
- 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.
- 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?
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.
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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.