The program has different products to let you find the right balance of cost and renewable electricity. Renewable electricity will be certified by purchasing and retiring Renewable Energy Certificates (RECs), the accepted legal instrument used to track renewable energy generation and to substantiate claims of renewable energy use. Learn more about RECs.
Price: 11.537 ¢/kWh all rate classes
Term: November 2021 – November 2024
Renewable Energy: Includes 10% Renewable Energy Certificates (MA Class I RECs) in addition to those required by Massachusetts. Total MA Class I RECs:
– 2021: 28%
– 2022: 30%
– 2023: 32%
– 2024: 34%
Read about renewable energy requirements in Massachusetts and MA Class I RECs.
Price: 14.822 ¢/kWh all rate classes
Term: November 2021 – November 2024
Renewable Energy: Includes 100% Renewable Energy Certificates (MA Class I RECs) in addition to those required by Massachusetts. Total MA Class I RECs:
– 2021: 118%
– 2022: 120%
– 2023: 122%
– 2024: 124%
Read about renewable energy requirements in Massachusetts and MA Class I RECs.
Why do we have more than 100% RECs?
Tax Deduction The value of the extra 100% MA Class I renewable energy qualifies as a deduction on federal income taxes. Those enrolled in this option will receive a tax contribution letter each January from Green Energy Consumers Alliance, the non-profit that procures the extra renewable electricity.
Price: 11.172 ¢/kWh all rate classes
Term: November 2021 – November 2024
Renewable Energy: Meets all Renewable Energy Certificate requirements set by Massachusetts. Total MA Class I RECs:
– 2021: 18%
– 2022: 20%
– 2023: 22%
– 2024: 24%
Read about renewable energy requirements in Massachusetts and MA Class I RECs.
For new Industrial (C&I) customers and for those customers who have previously opted-out of the program, the Program’s supplier may offer a market rate.
Products described as Green contain renewable electricity above that required by state law. The additional renewable electricity qualifies for MA Class I designation and comes only from solar, wind, anaerobic digestion and low-impact hydro located within New England. Local refers to generation located in New England.
Please note: Prices for all products in the Melrose Community Power Program include a 0.1 ¢/kWh consultant fee. Program prices could increase as a result of a change in law that results in a direct, material increase in costs during the term of the electricity supply agreement, but this did not happen during the last contract. Program prices apply only to the electricity supply portion of your National Grid electric bill. Delivery charges on your National Grid electric bill are not affected by the Melrose Community Power program.
National Grid Basic Service Rates
14.115 ¢/kWh for Residential: May – October 2023
13.393 ¢/kWh for Commercial: May – October 2023
13.338 ¢/kWh for Industrial (NEMA): May – July 2023
Renewable Energy: Meets all Renewable Energy Certificate requirements set by Massachusetts
Future savings cannot be guaranteed because National Grid Basic Service rates change every six months for residential and commercial customers and every three months for industrial customers.