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The good & bad news about Natick’s new electricity rates

December 7, 2022 by Bob Brown Leave a Comment

Natick electricity customers beginning this month will pay 4.25 cents less per kilowatt hour for the supply portion of their bills vs. Eversource’s basic service price at least through June. So you can gloat a bit over that thanks to the Natick Electricity Aggregation Program, which you should be in by default (the town has sent letters to program participants about the rate change, plus options within the program that are more or less green).

Unfortunately, that new 21.398 cents per kWh rate for Natick customers is up 85% from 11.551 cents this past year.

As you may have heard, energy rates are skyrocketing due to global issues from the war in Ukraine to inflation to of course, the supply chain.

The rates discussed above are for the supply chunk of your bill, not the delivery portion, which the Natick aggregation program has no influence over. Looking at our most recent bills, the supply portion generally costs a bit more than the delivery part, though it depends on the time of year.

Natick is now working with a new electricity supply vendor called First Point Power.

New rates for Natick Electricity Aggregation Program customers will be reflected in your January Eversource electricity bills.

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