In 2019, the Town of Wareham launched its Wareham Community Electricity Aggregation (CEA) program designed to provide residents and businesses with competitive choice and long-term price stability, understanding that future savings cannot be guaranteed because future Eversource Basic Service rates are unknown.
In January 2021, the program has been renewed for another 35 months through December 2023 and provides even more options.
Wareham CEA program rates
The Wareham CEA program has been renewed as part of a 25-community purchasing group, effective January 2021 and going through December 2023.
|Rates valid: January 2021 – December 2023||Wareham default rate||Wareham 50% Local Green||Wareham 100% Local Green|
|Program Rate for Residential, Commercial and Industrial||$0.10470/kWh||$0.12244/kWh||$0.14019/kWh|
|Renewable Energy Certificates (RECs)||Meets all Renewable Energy Certificate requirements||Includes 50% more Renewable Energy Certificates, than required by the Commonwealth||Includes Renewable Energy Certificates equal to 100% of the user’s electricity consumption, in addition to meeting all renewable energy requirements|
Disclaimer: A goal of the CEA program is to produce savings for customers, but savings cannot be guaranteed compared to the utility’s basic service rate which change every six months for residential and small commercial customers, and every three months for large commercial customers. The aggregation program seeks to provide price stability and average savings over the full term of the program, but because future basic service rates are not known, there is no guarantee of savings.
All of the additional RECs included in the program are designated as Massachusetts Class I. RECs are the accepted legal instrument used to track renewable energy generation and to substantiate claims of renewable energy use.
Eversource Basic Service rates
Residential: $0.11795/kWh (January – June 2021)
Commercial: $0.11086/kWh (January – June 2021)
Industrial: $0.10662/kWh SEMA (April – June 2021)
Eligible customers will receive a Customer Notification letter from the program from time to time. The notice will explain the program rates, options and ways to opt out (leave). Eligible customers who do not opt out will be automatically enrolled. A sample of the Customer Notification letter can be found below. If you have any questions about the letter or the program, don’t hesitate to reach out to us.