Cape Light Compact is pleased to announce our electric power supply pricing for the period starting with June 2017 meter reads.
In January, the Compact teamed up with NextEra Energy Services to bring a sustainability focus to its power supply program. All of the Compact's customers' energy usage will be matched 100% with renewable energy certificates.
The Compact's 100% renewable energy aggregation program continues to remain competitively priced, including our residential rate that is priced below Eversource's rate starting July 1.
New Pricing
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Cape Light Compact |
Eversource Rates |
Residential |
10.550 cents/kWh
June 2017–Dec 2017 (meter reads) |
10.759 cents/kWh
July 1 – December 31 |
Commercial |
10.930 cents/kWh
June 2017–Dec 2017 (meter reads) |
10.764 cents/kWh
July 1 – December 31 |
Industrial |
8.330 cents/kWh
June 2017-Sept 2017 (meter reads) |
8.444 cents/kWh
July 1 – September 30 |
Unlike past summers, where pricing for the summer and fall has generally decreased from the first half of the year due to winter natural gas pipeline constraints, the pricing for this term is increasing slightly from current rates due to increased capacity market costs. Capacity costs reflect the cost to build and maintain enough power plants to meet all electricity requirements for customers in New England, especially on those hot summer days when everyone is running their air conditioners. This ensures that the New England power grid can keep electricity flowing to you even in emergency situations. This is not unique to the Compact's power supply program - all retail suppliers that serve customers in New England are facing these increased costs.
Benefits of Cape Light Compact's Power Supply
- No contract or long-term commitment
- No surprise charges
- No termination or monthly service fees
- Less expensive than Eversource's residential rate
- 100% renewable through electricity that is matched with renewable energy certificates
- Support existing local renewable energy projects and support future renewable energy projects
For more information or to sign up for the Compact's power supply, please visit our website or give us a call at 1-800-381-9192.
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