PLYMOUTH – Your electric bill is going down, whether you like it or not.
The town of Plymouth and Colonial Power Group Inc. have entered into a three-year agreement to bring energy cost-savings to the town’s residents and small businesses by aggregating the power needs of several communities.
Through what is being called the “Plymouth Community Choice Power Supply Program” residents and business owners are expected to save over $2 million annually.
Participating residents and businesses in Plymouth will see an annual savings of more than 9 percent and a combined savings of approximately $169,814 per month for the town’s homes and businesses in the first year.
The savings are nice, but town officials are also emphasizing price stability.
“We’ve seen how the spikes in the cost of electricity can be burdensome for Plymouth residents,” said Town Manager Melissa Arrighi. “We’re pleased to work with Colonial Power Group to offer Plymouth residents and small business owners the opportunity to have a more stable and lower cost energy option.”
Under the Plymouth Community Choice Power Supply program, residents will not notice any change in their electricity service. The only discernible difference will be that NextEra Energy Services of Houston, Texas, the selected electricity supplier for the Community Choice program, will be printed under the “Supplier Services” of monthly bills.
Residents and small business owners will continue to receive one bill from Eversource and to send payments to Eversource for processing. There will be no interruption in billing, power, or customer service.
The cost savings for Plymouth residents and businesses will begin with the October 2017 meter reads (November 2017 billings).
No action is required by ratepayers to participate in this cost-saving program. The program will be operated on an opt-out basis. All Plymouth residential and business customers currently on Eversource’s basic service will be automatically enrolled into the program unless they choose to opt out.
Upset about saving money? Confused as to how the town could take this action, without your permission? The town and representatives of Colonial Power Group will hold two informational sessions to hear your concerns and answer your questions.
The first information session will take place from 9:30 a.m. to 3 p.m. on Tuesday, Sept. 5 at the Plymouth Council on Aging off Nook Road, and the second a week later, from 5 to 8 p.m. on Tuesday, Sept. 12 in the lower level of Plymouth Town Hall on Lincoln Street.
For further information contact Patrick Farah at 508 747-1620, ext. 204.