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City Of Boston Selects Retail Supplier For Opt-Out Municipal Aggregation, Certain Pricing Details Announced
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The City of Boston has selected Constellation NewEnergy, Inc. to serve its opt-out municipal electricity aggregation, with a start date of February 2021
The City has not released pricing for its "standard" (default) aggregation rate, whose renewable content is still to-be determined, but did release pricing for two options products
An optional "basic" product (no green content beyond state mandates) will be priced at $0.10959 per kWh
An optional 100% green product will be priced at $0.14764 per kWh for all customer classes (100% MA Class I RECs achieved by purchasing 82% additional RECs above the state’s then-current requirement for these renewables).
Both optional offers, as well as the TBD default offer, are to be fixed rates for 9 months (February 2021 to November 2021). A sample opt-out form notes that, "Rate may increase as a result of a change in law that results in a direct, material increase in costs during the term of the contract."
The rates listed above include: Consultant Fee of $0.0007 per kWh to facilitate Boston’s Community Choice Electricity Program and (2) Operational Adder of $0.00008 per kWh to fund personnel costs associated with the City’s Energy Manager position.
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October 26, 2020
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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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