Selectmen decide to give Good Energy a chance to fulfill its name
The Board of Selectmen voted to pass a proposed a municipal energy aggregation of the town's electric supply through contractor Good Energy within the coming year.
Ross Perry, Southeast Regional Planning and Economic Development District's director of municipal partnerships projected an expected start date to be in fall, leaving plenty of time for the research and communication necessary for the town to come to a decision.
For the 28 towns in Massachusetts that Good Energy serves electricity in a bundle, the winning rate is 9.49 cents/kilowatt. By aggregating through Good Energy, the town would save 28% compared to rates from National Grid and 12% compared to Eversource, Perry said. If there are another 200,000 bids from homes across Wareham, which Perry expects there to be, Wareham would have more purchasing power and lower rates.
Perry suggested data be collected by looking at bid prices and comparing rates. He assured the board that Good Energy would work with the board every step of the way and provide their opinions regarding the best options for the town. If the data collected proves that money cannot be saved by switching, the town can reject the proposal.
Board member Stephen Holmes shared his concern regarding the length of the contract. Perry assured the board that although the intention is to contract a long term fixed price, Good Energy would advise the town whether to take a 12-month contract or a 24-month contract. If at any time the market changes drastically, the town would be able to back out of the agreement with no consequence.
The board voted to unanimously execute an energy-related services agreement with Good Energy in a limited partnership.