Stoneham Community Electricity Aggregation (CEA) is the Town’s program to provide stable rates, electricity choices and additional renewable power to Stoneham residents and businesses.
Renewed through 2023
The town of Stoneham’s electricity aggregation program has been renewed for another three years, providing residents and businesses in our town with stable, competitive electricity prices and an extra 5% of local renewable energy (MA Class I) through December of 2023.
No action is required to continue with the program
Those already participating in the CEA program will be automatically transitioned. All participating customers received a letter in the mail explaining the program change, along with instructions on how to receive more renewable electricity.
Stoneham CEA is a municipal aggregation, or Community Electricity Aggregation, program operated by the town of Stoneham. With Stoneham CEA, Eversource continues to deliver electricity and manage all electricity billing. The only change is the source and cost of electricity supply, chosen by the town of Stoneham through a competitive bidding process.
Program offerings
Stoneham CEA has a standard product, Stoneham Local Green, which has five percent (5%) more renewable energy than required by state law. Participants in the program will automatically receive Stoneham Local Green unless they chose one of the other optional products.
Stoneham Local Green 5%
5% Extra Renewable Energy
(MA Class I)
$0.10364/kWh
Premium Local Green 50%
50% Extra Renewable Energy (MA Class I)
$0.11871/kWh
Premium Local Green 100%
100% Extra Renewable Energy (MA Class I)
$0.13546/kWh
Stoneham
Basic
No Extra
Renewable Energy
$0.10196/kWh
Stoneham CEA pricing will remain fixed and in effect from November 2020 to December 2023. Products described as Green contain renewable electricity above that required by state law. The additional renewable electricity qualifies for MA Class I designation and comes only from solar, wind, anaerobic digestion and low-impact hydro located within New England. Local refers to New England.
Eversource Basic Service Rates
Residential: $0.11795/kWh (January – June 2021)
Commercial: $0.11086/kWh (January – June 2021)
Industrial: $0.09427/kWh (April – June 2021)
Future savings compared to Eversource Basic Service cannot be guaranteed because Eversource’s Basic Service rates change every six months for residential and small commercial accounts, and every three months for industrial accounts.
Renewable Energy: No extra renewable energy
Also includes renewable energy to meet MA Class II, APS and Clean Energy Standard.
Goals of Stoneham’s Community Electricity Aggregation program
Renewed until 2023
Stoneham’s CEA program procures electricity supply contracts when the market is favorable. Combined with the bulk buying power of thousands of households and businesses in the program, Stoneham’s CEA aims to produce savings for customers compared to Eversource’s Basic Service rates, however, savings cannot be guaranteed.1
Price Stability
Stoneham CEA contracts for a multi-year, fixed price contract. In contrast, Eversource Basic Service rates change every six months for Residential and Small Commercial customers, and every three months for Large Business customers. However, Stoneham CEA rates may be above or below the Basic Service rate in any given period.
Consumer Protection
Stoneham CEA includes consumer protection-focused terms and conditions such as the ability to leave the program at any time without penalty.
Local Renewable Energy
Stoneham CEA’s standard product includes five percent (5%) more local renewable energy (known as Massachusetts Class I), than required by state law. This means you can have cleaner electricity and help to support the growth of renewable energy in New England. There are also two optional products that have even more renewable energy: 50% extra and 100% renewable electricity. Read about the options and sign up.
How to Participate in Stoneham CEA
If you are not already participating in Stoneham CEA, you can enroll in any of the available products at any time by filling out the enrollment form. New electricity accounts opened in the town of Stoneham will receive a mailer that triggers automatic enrollment in the program, however it may take a few billing cycles or more to be completely processed. Completing the enrollment form speeds up this process.
If you already have a competitive electricity supplier (not Eversource Basic Service), then you may join Stoneham CEA when your existing contract ends. If you are thinking about terminating your existing competitive electricity supply contract, be sure to find out if there are penalties or fees associated with early termination before you enroll in Stoneham CEA.
Stoneham CEA has no enrollment fees or termination fees.
Questions & Support
To manage Stoneham CEA program, the Town of Stoneham partners with an aggregation consultant, Good Energy L.P. For questions and support, you may contact a Good Energy representative at support_ma@goodenergy.com, or call (844) 400-2180.
1Future savings compared to Eversource Basic Service cannot be guaranteed because future Basic Service prices change every six months for residential and small commercial customers and every three months for industrial customers.