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Tips for Choosing a Power SupplierExplore your options. Weigh the tradeoffs. Make your own decisions.
On March 1, 2005, the rate protections mandated under the Massachusetts Electric Restructuring Act of 1997 disappeared. If you do not take an active interest in selecting a power supplier, someone else is choosing how much you pay, and most of the electricity you buy is being produced by power plants that harm local environments and communities. No matter what supplier you select, your local distribution companyNStar or National Grid (formerly Nantucket Electric)will remain responsible for keeping the juice flowing and turning back on the lights after power outages. These companies also will continue to provide delivery and customer services, which due to skyrocketing fossil fuel prices now account for less than 50% of your total electric bill. Practical information and tips for choosing a supplier are presented below. To immediately review your supply options, click here: Evaluating Your Current SupplierWho is my supplier? How much am I currently paying for power supply? How is my power being generated? What is an energy disclosure label? What does my label's Power Sources section mean? What does my label's Air Emissions section mean? What does this information say about my supplier? Knowing Your Supply Options Choosing Your Supplier Evaluating Your Current Supplier If you live on Nantucket, National Grid provides your power supplyunless you choose a competitive supplier. Regardless of supplier, Cape and Vineyard consumers receive delivery and customer services (i.e. metering, billing, electricity distribution) from NStar, and Nantucket consumers receive these services from National Grid.
How much am I currently paying for power supply? How is my power being generated? To answer these questions, you need an up-to-date energy disclosure label from your current supplier. All suppliers are required to prepare updated disclosure labels on a quarterly basis. NStar and National Grid are required to distribute energy labels as bill inserts. Current labels are available from their websites. The Cape Light Compact is required to deliver updated disclosure information to Cape and Vineyard consumers via mailings, news releases, public service and town meeting announcements, newsletter inserts, public presentations, and its website.
What is an energy disclosure label? Under state law, licensed suppliers must prepare energy disclosure labels to help you compare competing offers. Your disclosure label (see sample) must specify the following:
Your label must also specify the percentage of your power generated by facilities where employees are under union contract, and it must include customer service information and contacts. What does my label's Power Sources section mean? Your label's Power Sources section lists the relative contributions of known resources and system power to your supplier's product mix, including the percentage being generated by individual dirty sources (such as coal and oil), cleaner sources (such as natural gas and nuclear power), and green sources of electricity (such as the sun, wind, and water). Known resources represent generation from power plants owned by or under contract to the supplier. For example, a generator that owns a gas-fired plant can include some or all of the power from this facility in the supply portfolio it offers to consumers. This supplier can also contract some or all of its power to a broker, which can then use the contracted power in building a supply mix. Many suppliers and brokers in New England rely primarily or exclusively on system power, rather than electricity produced by individual generating facilities. This power is genericit is purchased through power markets, and its source is equivalent to the supply mix for the entire region. Fossil fuels such as natural gas, coal, and oil are burned to produce most of the power generated in New England. On a daily basis, fossil power generation produces more harmful emissions than any other U.S. industry. When running, the Canal plant in Sandwich introduces an average of more than 1.5 tons of SO2 and NOx and 200 tons of greenhouse gases into local environments each hour in order to generate the electricity that is physically consumed in Cape & Islands communities. According to the Toxics Release Inventory maintained by the U.S. Environmental Protection Agency (EPA), the plant emitted more than 20 pounds of mercury into local environments in 2001 alone; the amount of mercury found in a household thermometer is sufficient to contaminate a pond's food chain and to transform predatory fish into unhealthy food. The Canal plant relies mostly on high-sulfur fuel oil. Located just upwind of this region is the Brayton Point Station, which sits on Mt. Hope Bay at the head of Narragansett Bay. The largest fossil-fuel-fired plant within New England, the Brayton Point facility, is owned by Dominion, and it runs largely on coal. It is the single largest source of air pollution in New England. Preliminary data from the EPA indicate that the facility emitted more than 70 million pounds of SO2 and more than 21 million pounds of NOx in 2003. According to EPA's Toxics Release Inventory, the plant's smokestacks released 180 pounds of mercury and more than 1 million pounds of other toxic substances in 2001. Modern gas-fired power plants generate most of the power in New England. They are clean, relative to oil and coal units. However, they do release pollutants and substantial quantities of greenhouse gases. Nuclear plants and large hydroelectric facilities are also significant contributors to the New England supply mix. They release no air pollutants or greenhouse gases, but they do have other serious impacts. For example, local communities are downwind of the Pilgrim Nuclear Station, the only nuclear plant in Massachusetts, while large hydro facilities ruin natural water courses, alter habitats, and harm fisheries.
What does my label's Air Emissions section mean? Your label's Air Emissions section tells you whether the power you are buying is cleaner or dirtier than the regional average. It also indicates how your power's emissions stack up against those from new, highly efficient generation units. Supply mixes with lower-than-average emissions are important because the Cape & Islands region is particularly vulnerable to the adverse effects of pollutants and greenhouse gases.
What does this information say about my supplier? The power source and air emissions data provided on your label can help you can evaluate whether your supplier is concerned only about the price of electricity, or whether it is making an effort to generate and/or buy power from sources with below-average emissions. By comparing your supplier's label against the labels prepared by competitors, you can identify cleaner and green options at the best price. Knowing Your Supply Options Comparing suppliers based solely on price is easyall of them sell power by the kilowatt-hour (kWh). Comparing suppliers based on price and contract terms takes a little more effort. Some suppliers may offer a fixed price for 6 months, a year, or other periods; others may offer variable pricing over specified periods. Additional contract details may also have important effects on the overall costs and benefits of individual options. To make an informed decision, you may need to consider issues such as commitment and exit terms, price certainty, market volatility, and even energy usage patterns. Adding fuel and emissions characteristics to the decision matrix introduces an even broader range of economic, environmental, and social considerations. The discussion below largely focuses on these issues. Is cheap power smart power? In the short term, you can save money by finding the lowest-price supplier. However, the cheapest product may not represent the best deal under uncertain market conditions, particularly if a comparably priced option offers a longer contract period or other beneficial contract terms. Moreover, under present energy and environmental policies, low-price options that rely exclusively on system power may not be the best ones for Cape & Islands consumers: The prices paid for electricity generated by fossil fuels and other sources do not reflect true cost considerations such as air pollution, water pollution, habitat destruction, public health impacts, national security complications, and climate change risks. New England's system power mix is heavily dependent on dirty power and other sources that impose environmental and social costs on local communities.
Is cleaner and green power available right now? In the New England electricity marketplace, increasing quantities of cleaner power are being produced, and Cape & Islands consumers can choose from a growing variety of green power products. Cleaner is a relative term. Power plants burning low-sulfur oil have lower emissions than those that continue to rely on less expensive, higher-sulfur fuel, such as the Canal station in Sandwich. Large, modern gas-fired facilities produce much lower emissions than those that fire coal or fuel oil, as do smaller gas-fired technologies such as fuel cells and microturbines. Nuclear plants and large hydro facilities produce no air pollution or greenhouse gases, but they are far from benign. Green power is inherently cleaner. Wind, solar photovoltaic (PV), and low-impact hydro technologies are generally considered to be the most environmentally benign sources of electricity. Bioenergy sources such as waste-to-energy, landfill gas, and wood-fired plants generate some pollution, but they produce electricity without adding to net emissions of greenhouse gases. They also use fuels that are not subject to resource depletion over human timescales.
Are cleaner and green options more expensive than dirtier options? Cleaner products may be priced competitively with system power and other dirtier options, and their true costs are lower. Existing green power products available to Cape & Islands consumers are more expensive than other optionsbut not by muchand purchasing these "boutique" products offers significant ancillary benefits. Ultimately, large-scale efforts to "go green" may improve the region's triple bottom line, yielding economic, environmental, and social advantages. In the coastal community of Hull, for example, green power generated by a wind turbine has reduced electricity bills for a couple years, and a second turbine was installed in 2006. Massachusetts consumers served by a number of municipal utilities will begin saving money as soon as a wind project under construction in the western portion of the state goes on line. By agreeing to buy the green power generated by this facility for the next 22 years, these munis secured a supply agreement that provides their consumers with long-term cost certaintyat a price well below current market rates. Similarly, the Cape Light Compact's agreement with a landfill gas project in northern Vermont promises to reduce the electricity bills of Cape and Vineyard consumers. This agreement reduces the Compact's cost of complying with the state-mandated Renewable Portfolio Standard (RPS). Under state law, all suppliers licensed in Massachusetts are required to purchase a minimum amount of renewable energy certificates (RECs) from facilities that meet RPS criteria. As of March 1, 2006, suppliers must hold RECs (in megawatt-hour-equivalents) from qualified facilities equivalent to 2.5% of total retail sales (in megawatt-hours); the RPS ratchets up to 3% in 2007. Monetary savings associated with the Compact's proactive approach to RPS compliance will accrue to consumers served under its municipal aggregation programs. How do I buy cleaner and green power? In Massachusetts, cleaner power products are offered by licensed suppliers that ownor establish contracts withgenerating units that have lower emissions than other sources. For these products, cleaner known resources supply a percentage of generation, reducing reliance on the system power mix (and the dirty coal- and oil-fired units that contribute to it). Modern power plants fired by natural gas represent the predominant source of cleaner power in New England. Green power products are offered by suppliers that ownor establish contracts withrenewable energy producers. Green known resources make up a substantial percentage of the supply portfolios for these products. Hydro plants and bioenergy facilities account for the majority of renewable generation within New England; wind, solar PV, and other installations are also used in creating supply mixes for some green products. What are the benefits of buying cleaner and going green? Cleaner and green power sources impose lower "true costs" on local environments and communities. In fact, some green sources do not produce any of the emissions that are degrading local environmental quality, causing health problems, and threatening to forever alter this region. All renewable sources reduce reliance on finite fuels that must be imported from other regions of the United States or from other countries. Present-day green power products may also be tax-deductible, and they may enable you to invest in the development of renewable resources in your community, this region, or elsewhere in Massachusetts. Future green products could provide local consumers with long-term price certainty. Buying smarter power now wont shut down the Canal or Brayton Point plants or other facilities, but it gives you the opportunity to accelerate the transition to a sustainable energy future by sending clear signals to the electricity marketplace. By increasing demand for cleaner and green power, you encourage suppliers to invest in generation from more efficient technologies and from renewable energy facilities. You also tell your current supplier to deliver cleaner and green options or lose your business.
What is a green power product? Four different types of green products exist. Most of those available today are based on renewable energy credits (RECs), which are derived from the environmental attributes associated with renewable generation, rather than from the green electrons supplied to the grid by wind, solar, and other installations. RECs were created under the provisions of the Massachusetts Renewable Portfolio Standard (RPS) and similar standards elsewhere in the United States. They are generated for each megawatt-hour of green electricity produced, as the means used to track progress relative to the RPS. Owners of renewable facilities can sell both megawatt-hours and RECs. Green product types are characterized below:
Can I buy green power products right now? Boutique green products are available to local consumers through the Cape Light Compact, National Grid, and others. By paying a small premium over the rate for a system power product, you can buy products based on RECs generated by low-impact hydro facilities, bioenergy plants, wind turbines, and solar PV installations. No green power products give you the opportunity to invest in specific renewable energy projects in the Cape & Islands region as of yet. Some green suppliers offer investment-grade or mixed products that devote a portion of revenues to renewables deployment in Massachusetts, New England, or the United States. The New England Wind Fund, offered through Mass Energy starting in Fall 2006, represents a prominent example: One-time donations to or monthly payments collected by the fund will be held by Mass Energy and invested to support new wind projects in New England. Delivered (bundled) green products currently exist only in theory for Cape & Islands consumers. However, they are available to consumers elsewhere in the Commonwealth. What should I consider when going green? Buying green power offers you a number of choices:
How do I compare supply options? You need your current electric bill, as well as information preferably energy disclosure labelsfor each option being considered. Your bill shows how much power you consumed last month and in previous months. By multiplying your monthly energy use in kilowatt-hours by power supply prices, you can determine how much each option would have cost you in recent months. By evaluating contract terms, you can examine variables such as whether suppliers are offering fixed prices for 6 months, 1 year, or longeror if prices will vary on a regular basis. By comparing the power source and air emissions information on these labels, you can evaluate whether suppliers are concerned only about the price of electricity, or whether they are making an effort to generate and/or buy power from sources with below-average emissions. You can also identify cleaner and green options at the best price. An example true cost evaluation of supply options is presented below. How do I compare the true costs of supply options? Through a true cost analysis, you can explore answers to the following questions:
In the example below, five hypothetical supply options are characterized using information illustrative of what you might see on disclosure labels. This example is designed to highlight some of the possible tradeoffs between price, source, and emissions characteristics. At present, residential consumers in Massachusetts are unlikely to face this many options because retail power markets remain immature. In addition, the prices per kilowatt-hour reflect those in 2004 and much of 2005far lower than those available today to most local consumers.
Assume you are an average residential consumer using 500 kWh per month. For each of these options, the table below compares your out-of-pocket costs over a 4-month period for the supply portion of your bill, plus the emissions characteristics.
Option E's air emissions are far lower than those of competing options, at an extra monetary cost of a little more than $10 per month. Option E represents your best choice for minimizing the environmental and social costs associated with your electricity use. If green power is too expensive, you can make smarter decisions by comparing the sources and emissions characteristics of options that are similar in price. Assume that only Options A, B, C, and D are affordable. By choosing Option D, you can save money and reduce your energy footprint. Unfortunately, lower-cost, cleaner alternatives such as Option D may not always be available. Assume that only Options A, B, and C exist. On price alone, Option B looks good: Option A is 25 cents more per month, and Option C is $1.50 more per month. But these savings come at a costhigher emissions of pollutants and greenhouse gases. In this example, you can help promote a sustainable energy future by spending a nominal sum to buy system power or investing just a little more to buy cleaner power. What else should I consider before choosing my supplier? In addition to price, sources, and emissions, you should consider several other factors before signing a contract with a power supplier:
A supplier's motivations may also factor into your decision. For example, as distribution companies required to provide basic supply services, NStar and National Grid do not make any profit on the electricity they sell; their rates must be approved the the Massachusetts Department of Telecommunications & Energy. As a government agency and municipal aggregator, the Cape Light Compact exists to protect the public interest and to leverage the buying power of consumers in 15 Cape Cod towns and six towns on Martha's Vineyard. Competitive suppliers exist to make a profit on the power they sell. Some green suppliers compete to generate profits on their investments in renewable energy; others are nonprofit organizations committed to accelerating the transition to a sustainable energy future. What are my supply options? In the Cape & Islands region, most consumers
face limited supply optionsunless they opt to invest in boutique green products. Medium and large commercial and industrial
consumers, including businesses, organizations, and municipalities, can choose among a wider array of options. New
options may become available at any time. You should check on them frequently via the links below. If you dont, someone
else will make your decisions for you. Your choices are characterized below:
Cape Cod & Martha's Vineyard As a municipal aggregator within NStar's service territory, the Cape Light Compact has supplanted NStar as a "default" power supplierconsumers on the Cape and Vineyard are served under an agreement negotiated with ConEdison Solutions, a competitive supplier, unless they opt out. NStar continues to offer basic supply services to all customer classes, and other companies are competing for the right to serve some types of consumers. If you opt out of the Compact, you can switch to NStar or go with another competitive supplier. You can opt out at any time, but whether you can opt back in is up to ConEdison Solutions. NStar cannot refuse service to anyone by law. Boutique green products are available through the Compact and from other suppliers; the Compact's 50% and 100% products offered the best deals on green power in Massachusetts in 2006. You can choose to invest in these products whenever you want. Detailed information on individual options is available below:
Cape Light CompactConEdison Solutions Pricing: In January 2007, the Compact's rates for residential and small business consumers dropped to 11.652 and 11.671 cents/kWh, respectively. The rates are fixed until the beginning of July. For large commercial/industrial consumers, the rate is 12.871 cents/kWh for January-March. The municipal consumers that control the Compact's decision-making processes have once again granted themselves a rate break. Their rate is 11.301 cents/kWh - a substantial increase from the price available in 2006, but still lower than that provided to the overwhelming majority of commercial/industrial consumers served by the Compact. This situation runs contrary to the Compact's mandate to provide equal savings to all consumers. None of these rates include regulated charges for power delivery or customer service; those charges continue to be billed by NStar. (The Compact-ConEdison Solutions price for 2005 was 7.132 cents/kWh for residential consumers and 7.169 cents/kWh for commercial and industrial consumers. In January 2006, rates skyrocketed because the Compact failed to properly manage risks, exposing consumers to the Category 5 market forces associated with Hurricane Katrina. Prices jumped to 12.919 cents/kWh for residential consumers - an 81% increase, 13.369 cents/kWh for small commercial and industrial consumers - an 86% increase, and 14.377 cents/kWh for large commercial and industrial accounts - a 100% increase. The municipal consumers that control the Compact's decision-making processes granted themselves a rate break from March 2006 through the end of the year, paying only 9.99 cents/kWh. Prices for other consumers were reduced by 1 cent/kWh in late summer. ) Power sources and air emissions: The Compact and ConEdison Solutions offer a system power product, making no effort to create a cleaner and green supply mix. The Compact exists to represent consumer interests, but it has yet to ask local consumers what kind of electricity they would like to buy. As a result, the buying power of almost 200,000 consumers is not being used to get the best deal on electricity from cleaner and green sourcesand local consumers have lost an opportunity to deliver market signals that encourage suppliers throughout New England to invest in smarter power. Click here for Compact disclosure information. Green options: Boutique green products are available through the Compact and from other suppliers licensed in Massachusetts or located elsewhere in the United States. More information is available below on green power products available to Cape & Vineyard consumers. NStar Basic pricingfixed: In January 2007, NStar's residential rate increased to 11.858 cents/kWh through June 30, 2007. The rate for small business consumers is 11.878 cents/kWh over the same period. From January - March 30, the rate for large commercial/industrial consumers is 13.054 cents/kWh. All of these prices are higher than the Compact's over the same period. None of them include regulated charges for power delivery or customer service; those charges are also billed by NStar. Contract terms: Consumers who switch from NStar fixed-price supply service to another supplier may incur a reconciliation charge or credit, depending on whether variable prices were lower or higher during previous months. Basic pricingvariable: For all customers, NStar offers products that vary in price on a monthly basisin some months, the variable price is higher than the fixed price; in others, it is lower. Click here for rate information. These prices do not include regulated charges for power delivery or customer service; those charges are also billed by NStar. Power sources and air emissions: NStar offers system power products, making no effort to create a cleaner and green supply mix. Disclosure labels are not readily available on this company's website; they are supposed to arrive quarterly with your electric bill. Green options: If you are an NStar customer, you can buy boutique green products from suppliers licensed in Massachusetts or located elsewhere in the United States. More information is available below on green power products available to Cape & Vineyard consumers. Dominion Retail - Residential Consumers
Pricing: Dominion Retail is offering residential consumers a fixed rate of 10.65 cents/kWh through the end of the year. This rate, which is only available to consumers who sign up by February 28, is lower than the current rates available from the Cape Light Compact and NStar (but these rates may drop or increase in July). Note: Consumers who are considering a switch to Dominion Retail and had previously opted out of the Compact to buy power from NStar on a fixed-price basis should be sure to account for the utility's reconciliation charge; for a consumer using 500 kWh/month, this reconcilation charge could total almost $20 for the first 2 months of 2007. Consumers who initiated service with Dominion Retail in 2005 are paying a slightly higher rate of 11.22 cents/kWh through June; they can switch to the lower rate through the end of the year but will be subject to contract terms enumerated below. (At present, they are free to switch to another supplier with no exit fee.) Contract terms: Consumers who sign up by February 28 are contractually obligated to stick with the company through December 2007. They will automatically remain with the company after this period under a new pricing schedule to be announced toward the end of the year. Consumers that elect to switch to another supplier before the contract term ends are subject to a $50 early termination fee. Either before or after the contract term ends, consumers must provide 30 days of advanced written notice to switch to another supplier. Power sources and air emissions: During the first half of 2006, the Millstone Nuclear Plant in Connecticut accounted for more than 50% of Dominion Retail's supply portfolio; this plant is owned by another Dominion company. Accordingly, the company's power was much, much cleaner - in terms of air pollutant and greenhouse gas emissions - than the "system power" mix; nuclear power plants raise other concerns, of course. The power being delivered during the remainder of 2006 and in 2007 is at present of unknown origin; the company projects a "system power" mix but may alter this depending on market conditions. Of potential concern is the fact that one of its sister companies also owns the Brayton Point Station, which is located just upwind of the Cape and Vineyard. This facility, which burns mostly coal, releases more pollutants and greenhouse gases than any other power plant in New England, and the heated water it discharges to Mt. Hope Bay has been linked to fish kills and additional ecological damage. Competitive Suppliers - Commercial & Industrial Consumers Compact Green. The Cape Light Compact and ConEdison Solutions offer boutique green products to offset either 50 or 100% of conventional "system power" purchases. The 50% and 100% "Compact Green" products add 0.9 and 1.6 cents to the price of each kilowatt-hour purchased, respectively. For residents, the overall supply rate is either 12.552 or 13.252 cents/kWh, respectively. An average consumer can support renewable energy projects throughout New England for about an extra $5 to $8 per month. Supporting existing green facilities is not the only benefit. A portion of every $1 spent on Compact Green is not only tax-deductible, but also it is matched by the MTC through a grant to your community. In 2006, these funds were used to support the installation of solar PV systems on 19 schools, a library, and a fire station - one system in each Cape and Vineyard community. MTC also grants an equal amount to assist low-income consumers throughout the state with their energy bills. Compact Green products are based on credits from low-impact hydro facilities located in New England, a landfill
gas project in Chicopee, and wind and solar PV facilities. The supply mix includes credits generated by local solar
PV projects installed through programs administered by Cape & Islands Self-Reliance and the Vineyard Energy Project.
Click on the link below for rates, supply mixes, and other information, including disclosure labels and a calculator
showing the environmental benefits associated with green power purchases: Other Massachusetts Green Products. Regardless of your supplier, you may be able to buy credit-based green
products directly from brokers licensed in Massachusetts. Some of these products are tax-deductible; buying any of
them will generate matching funds for your community from the Massachusetts Renewable Energy Trust. For rates, supply
mixes, and other information, including disclosure labels, visit the websites of individual suppliers or call the numbers
listed below:
Other Green Products. Right now, regardless of your supplier, you can buy credit-based green products from suppliers active in specific U.S. regions or nationally. A huge range of options is available. Click on the link below for more information: Nantucket
Basic pricingfixed: For residential consumers, National Grid's price is 11.672 cents/kWh from November 1, 2006-April 30, 2007. Rates for small commercial/industrial consumers are 11.406 cents/kWh for the same period. For large commercial/industrial consumers, rates are 10.874 cents/kWh from February 1 - April 30, 2007. None of these prices include regulated charges for power delivery or customer service; those charges are also billed by National Grid. (For residential consumers, National Grid's price was 9.693 cents/kWh from May 1, 2006-October 31, 2006 and 10.718 cents/kWh from November 1, 2005-April 30, 2006. The latter represented an increase of more 50% since the beginning of 2005.) Contract terms: Consumers who switch from National Grid fixed-price service to another supplier may incur a reconciliation charge or credit, depending on whether variable prices were lower or higher during previous months. Basic pricingvariable: For all customers, National Grid offers products that vary in price on a monthly basisin some months, the variable price is higher than the fixed price; in others, it is lower. Click here for rate information if you are a residential consumer; click here for rate information if you are a commercial or industrial consumer. These prices do not include regulated charges for power delivery or customer service; those charges are also billed by National Grid. Power sources and air emissions: On balance, National Grid's supply mix is a tiny bit cleaner than the regional average, with "known resources" including 2% biomass, which slightly reduces reliance on dirty system power. Click here to find disclosure labels if you are a residential consumer; click here to find disclosure labels if you are a commercial or industrial consumer Green options: You can buy credit-based green power products from suppliers licensed in Massachusetts through National Grid's GreenUp Program. More information is available below on green products available to Nantucket consumers. MX Energy - Residential Consumers Pricing: MX Energy is offering residential consumers an introductory rate of 10.8 cents/kWh through April; after that, the rate will vary according to market conditions. This rate is presently lower than that of National Grid, but there is no guarantee it will be going forward. Contract terms: Consumers are free to cancel service with MX Energy at any time; no exit fees will be charged. However, consumers must provide 30 days of advanced notice to return to National Grid. It may be worth comparing National Grid's rate history over the past couple years to identify months when variable rates are generally lower than fixed rates and, thus, whether MX Energy may offer savings over time (historical rates can be accessed by clicking here). Power sources and air emissions: MX Energy offers system power products, making no effort to create a cleaner and green supply mix. Competitive Suppliers - Commercial & Industrial Consumers GreenUp. Under National Grid's GreenUp Program, you can buy credits offsetting either 50 or 100% of your "system power" purchases. All of these products are offered by suppliers licensed in Massachusetts; some of them are tax-deductible. They will increase the cost of each kilowatt-hour you purchase by anywhere from less than a penny to just over 2 cents. If you are an average residential consumer, you can spend as little as an extra $7 each month to ensure that renewable sources are used to meet 100% of your electricity needs. A portion of every $1 you spend is not only be tax-deductible, but also it is matched by the MTC through a grant to Nantucket. The state will provide ratepayer funds to promote green power development in your community and an equal amount to assist low-income consumers throughout the region with their energy bills. These products are based on electricity generated by low-impact hydro facilities, bioenergy plants, wind turbines, and solar PV installations. Click on the link below for suppliers, rates, supply mixes, and other information, including disclosure labels. Other Products. You can buy premium-price, REC-based green power products from suppliers active in specific U.S. regions or nationally. Click on the link below for more information: If you have questions or would like to order a free consumer's guide to power supply options, call the Consumer Education Hotline maintained by the Massachusetts Division of Energy Resources (DOER) at 888.758.4469. Visit DOER's restructuring website for additional information. Disclaimer: This information is presented for educational purposes only, not to recommend, promote, or endorse any power supplier or product. Every effort has been made to ensure the accuracy of this information; however, it is subject to change or correction. Explore your options. Weigh the tradeoffs. Make your own decisions. Last updated 02.06.07 |
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