Key Takeaways
- Canton’s energy aggregation program, “Canton Electricity Choice,” may be renewed if favorable rates are available.
- Initial contract saved taxpayers approximately $2.5 million compared to Eversource rates.
- Town leaders are considering simpler pricing models due to changes in the renewable energy market.
Program Overview and Future Prospects
Canton leaders are contemplating the renewal of the “Canton Electricity Choice” aggregation program, following its successful first two years. Town Administrator Charles Doody and other officials presented to the Select Board, emphasizing the need for favorable pricing in the upcoming contract, which is set to expire in June.
The initial agreement with Constellation NewEnergy resulted in significant savings—approximately $2.5 million—by providing cheaper rates than Eversource’s standard service plan. Doody noted the program’s success in increasing renewable energy usage while saving taxpayer money. As new bids were due recently, officials must finalize a contract by March 15.
The initial program offered three tiers of electricity rates with varying renewable energy percentages, all lower than Eversource’s rates. However, Energy Advisory Committee Chair Tom Birmingham highlighted a tight timeframe to secure new bids, with the best offer expected to be selected based on rates, contract length, and renewable energy content.
Paul Gromer from Mass Power Choice expressed confidence in securing rates below Eversource’s but cautioned that rates might be higher than two years ago due to changing electricity market dynamics. He mentioned a decline in available renewable energy, noting that it may be prudent to consider a more straightforward pricing approach rather than tiered options.
Additionally, Doody discussed the possibility of implementing a modest fee—approximately 65 cents per resident on electric bills—to fund a town energy manager or future renewable energy initiatives. The Select Board expressed support, contingent on the successful lock-in of a favorable new contract.
In related updates, newly appointed Police Chief Michael Daniels presented commendations during his first official meeting since taking office. Further details were shared in the latest Citizen publication.
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