The Town of Stoneham’s electricity aggregation program has been renewed for another 3 years, providing the residents and businesses in our town with stable, competitive electricity prices and an extra 5% of local renewable energy (Mass Class I) through December of 2023.
No action is required on your part to continue with the program. Those already participating will be automatically enrolled for the next 3 years.
If you would like to increase the amount of renewable electricity you are receiving, you can sign up to get 100% renewable electricity. Starting in November of 2020, you will also have the option to sign up for 50% extra renewable electricity from local renewable sources.
Current program details
Below is a chart comparing the rates for the Stoneham Community Electricity Aggregation program to Eversource’s summer 2020 rates.
Please note that the program began with participating account holder’s March 2019 meter reading. The new program rate will be reflected on April’s bill for March service from Eversource.
Rate Class
“Stoneham Local Green” Five (5) Percent More Local Renewable Energy Than Required (Standard Product – No Action Required)
“Stoneham Premium Local Green” (100) Percent Local Renewable Energy
“Stoneham Basic” Minimum Required Renewable Energy
Current Eversource Basic Service
Residential
$0.10898/kWh
$0.12893/kWh
$0.10793/kWh
$0.09877/kWh
Small Business & Lighting
$0.10898/kWh
$0.12893/kWh
$0.10793/kWh
$0.09460/kWh
Large Business NEMA*
$0.10898/kWh
$0.12893/kWh
$0.10793/kWh
$0.09923/kWh NEMA*
Duration
March 2019 – November 2020
Rates apply to service beginning and ending on the days of the month that your meter is read in your service area.
July – Dec, 2020*
Residential and Small Business & Lighting rates change every six months. *Large Business rates change every three months.
Disclaimer: A goal of the CEA program is to produce savings for customers, but savings cannot be guaranteed compared to the utility’s basic service rate which changes every three months for industrial customers and every six months for residential and small commercial customers. The Aggregation program seeks to provide price stability and average savings over the full term of the program, but because future basic service rates are not known, there is no guarantee of savings.
All eligible account holders will receive the notification letter (currently being re-designed – please check back soon) in the mail. The letter is the ONLY authorized mailing from the Town of Stoneham regarding the Stoneham CEA program. No action is required in order to enroll in the program. Any mail you may receive requesting you to mail in an enrollment form is NOT affiliated with the Stoneham CEA program. If you do not wish to participate in the program, you may opt out of the program here, or by returning the enclosed card within 30 days of receipt of the letter.
Click on any of the images below to open in a separate window.
Aggregation Plan
Program Introduction Postcard
arriving January 2019