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National Grid to Hold Meeting on Electricity Costs for Residents

1pm October 19th at the Senior Community Center
Posted on: October 13, 2022 - 7:09pm
Electricity stock photo

Mayor Sean Reardon, the City’s Sustainability Office, and the Energy Advisory Committee (EAC) will be hosting a meeting for residents to learn more about the recently announced price hikes for energy supply this coming winter.

With prices set to rise over 60% for energy supply beginning November 1, representatives from National Grid and others will be present at the Senior Community Center at 331 High Street on Wednesday October 19 at 1 pm to discuss the price hikes. Topics to be discussed include how energy supply is purchased, why prices are rising so dramatically and what steps residents can take to mitigate those costs. There will also be information shared about energy efficiency programs, budget billing and assistance options. The NCM Hub will also be recording the presentation to be aired Channel 9 and streamed on the Port Media YouTube channel.

Members of the Energy Advisory Committee and representatives from National Grid will be on hand to answer questions and offer potential strategies

Additionally, Colonial Power Group (CPG), the city’s residential electricity aggregator, will  be on hand to talk about electricity aggregation and the possibility of the city purchasing electric supply on behalf of its citizens at a reduced and fixed rate. The city has been working on an aggregation policy for several years.

“Electrical aggregation gives the city, residents, and businesses more control over the supply of their electricity. Contracting directly with an electricity supplier will provide the members of the community the benefit of city oversight and will provide price stability during the term of the contract,” said Mayor Reardon.   

Molly Ettenborough, the city’s Sustainability Manager, stated “We will work with CPG to provide educational information to the community as we progress through the process of selecting an electricity supplier. We hope to select a supplier in the coming weeks and launch the program at the beginning of 2022.”