MARLBOROUGH – Residents taking part in the city’s electricity aggregation program continue to save money compared to National Grid.
City Councilor Laura Wagner, a member of the city’s Ad Hoc Municipal Aggregation Committee, presented an update to the committee on Oct. 23.
For the second quarter of 2023, Wagner said that residents have saved just over $2 million in their electricity bills compared to National Grid’s basic service rate. She added that another $1 million could be saved over the third quarter.
The city’s current contract with Inspire is scheduled to end in January of next year. After that, the city will begin a 22-month contract with First Point Power.
As in the previous contract, the energy will come from 100% National Wind Renewable Energy Credits; the new rate will be 0.14150 per kilowatt hour. National Grid’s Basic Service winter rate, effective in November, will be 0.18213 per kilowatt hour.
According to Wagner, residents have saved more than $17 million on their electric bills with Inspire.
Council President Michael Ossing thanked Wagner for her work on the committee; she is leaving the council in January after deciding not to run for re-election.
More information on the city’s electrical aggregation program is available at the city’s website, www.marlborough-ma.gov.