Electricity Products

The program has different products to let you find the right balance of cost and renewable electricity. Renewable electricity will be certified by purchasing and retiring Renewable Energy Certificates (RECs), the accepted legal instrument used to track renewable energy generation and to substantiate claims of renewable energy use. Learn more about RECs.

Stoneham Local Green

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Price: $0.10364/kWh all rate classes
Term: November 2020 – December 2023
Renewable Energy: Includes 5% Renewable Energy Certificates (MA Class I RECs) in addition to those required by Massachusetts. Total MA Class I RECs:
– 2020: 21%
– 2021: 23%
– 2022: 25%
– 2023: 27%
Read about renewable energy requirements in Massachusetts and MA Class I RECs.

Stoneham Local Green 50%

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Price: $0.11871/kWh all rate classes
Term: November 2020 – December 2023
Renewable Energy: Includes 50% Renewable Energy Certificates (MA Class I RECs) in addition to those required by Massachusetts. Total MA Class I RECs:
– 2020: 66%
– 2021: 68%
– 2022: 70%
– 2023: 72%
Read about renewable energy requirements in Massachusetts and MA Class I RECs.

Tax Deduction  The value of the extra 50% MA Class I renewable energy qualifies as a deduction on federal income taxes. Those enrolled in this option will receive a tax contribution letter each January from Green Energy Consumers Alliance, the non-profit that procures the extra renewable electricity.

Stoneham Local Green 100%

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Price: $0.13546/kWh all rate classes
Term: November 2020 – December 2023
Renewable Energy: Includes 100% Renewable Energy Certificates (MA Class I RECs) in addition to those required by Massachusetts. Total MA Class I RECs:
– 2020: 116%
– 2021: 118%
– 2022: 120%
– 2023: 122%
Read about renewable energy requirements in Massachusetts and MA Class I RECs.

Why do we have more than 100% RECs?

Tax Deduction  The value of the extra 100% MA Class I renewable energy qualifies as a deduction on federal income taxes. Those enrolled in this option will receive a tax contribution letter each January from Green Energy Consumers Alliance, the non-profit that procures the extra renewable electricity.

Stoneham Basic

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Price: $0.10196/kWh all rate classes
Term: November 2020 – December 2023
Renewable Energy:  No extra renewable energy
Read about renewable energy requirements in Massachusetts and MA Class I RECs.

Please note: Prices for all products in the Stoneham CEA program include a $0.001/kWh administration fee. Program prices could increase as a result of a change in law that results in a direct, material increase in costs during the term of the electricity supply agreement. Program prices apply only to the electricity supply portion of your Eversource electric bill. Delivery charges on your Eversource electric bill are not affected by the Stoneham CEA program.

Products described as Green contain renewable electricity above that required by the Commonwealth. 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 renewable energy resources located in New England.

For new Industrial customers and for those customers who have previously opted-out of the program, the Program’s supplier may offer a market rate.

Eversource Basic Service Rates

Residential: $0.15764/kWh (January – June 2022)
Commercial: $0.14761/kWh (January – June 2022)
Industrial: $0.10865/kWh NEMA (April – June 2022)

Renewable Energy: Meets all Renewable Energy Certificate requirements set by Massachusetts. Read about renewable energy requirements in Massachusetts and MA Class I RECs.

Future savings compared to Eversource Basic Service cannot be guaranteed because future Basic Service prices change every six months for residential and commercial customers and every three months for industrial customers.