The City of New Bedford has renewed its electricity aggregation program for another 35 months starting in January 2021. No action is required on the part of the current program participants as they will continue their electricity service automatically with the new supplier, Constellation.
The New Bedford CEA program is part of a larger electricity purchasing group, providing New Bedford residents and businesses with competitive choice and longer-term price stability. During the first five years of the program, it has provided significant value to the community, including setting a default rate lower than Eversource’s default electricity rate.
The new electric default program rate is $0.10470 per kilowatt hour (kWh) from January 2021 through December 2023; this default rate meets all state renewable electricity standards. The Eversource Residential Basic Service electricity rate is $0.11882/kWh for the six-month period January through June 2021. In addition, the program also offers two options with more renewable electricity than required by state law. More information about the program and all the options can be found on the program website masscea.com/New-Bedford.
Those who do not want to participate in New Bedford CEA can opt out without penalty or change to a different program option at any time on the program website masscea.com/New-Bedford or by calling the supplier Constellation at 833-461-0813.
The program rates, resulting from a competitive bid, are fixed over the 35 months of the electric supply agreement (ESA) from January 2021 through December 2023. The New Bedford CEA product offerings and rates will be:
Disclaimer: Savings cannot be guaranteed as compared to Basic Service rates which change every six months for residential and commercial accounts and every three months for industrial accounts.
Current New Bedford residents and businesses who are participating in the CEA program will be automatically transitioned to the new default electricity rate as of their January 2021 meter read date.
For more information about the program, go to masscea.com/New-Bedford.