Thank you so much to the Lincoln Green Energy Committee for providing this valuable service to Lincoln residents!
--Debra Daugherty On Sun, Dec 4, 2022 at 3:31 PM cj volpone via Lincoln < [email protected]> wrote: > Lincoln Green Energy Choice moves to soften rate increases while providing > more clean electricity > > LINCOLN — The Town of Lincoln has entered into a new, 12-month > electricity supply contract with First Point Power for the Lincoln Green > Energy Choice electricity program. The new contract will take effect in > January when the current contract with First Point Power comes to an end. > While > the current contract has kept program prices low in spite of the recent and > rapid rise of electricity prices, Lincoln Green Energy Choice prices will > move closer to market prices when the new electricity supply contract takes > effect in January. However, the new prices will be lower than Eversource’s > winter Basic Service prices, which will also take effect in January. > > In addition, with the new contract participants who have not yet opted up > to the Lincoln 100% Green level will receive more of their electricity from > renewable sources. The increase in renewable energy advances the Town’s > progress on its goal to reduce the community’s carbon emissions. Since > the program launched in March of 2021, participants in Lincoln Green Energy > Choice have already avoided over 9 million pounds of CO2 emissions, which > is equivalent to removing 880 passenger vehicles from the road or > eliminating the electricity use of 794 homes for a year. > > The new price for the Lincoln Standard Green offering will be 22.316 ¢/kWh. > With the new contract, participants in Standard Green will receive more > than 50% of their electricity from premium renewable energy sources in the > New England region (MA Class I RECs) – 22% required by state law and an > additional 32% added by Lincoln. This additional amount is an increase over > the 27% additional provided in the current electricity supply contract. > Most participants in Lincoln Green Energy Choice are enrolled in the > Lincoln Standard Green offering. > > Participants who have chosen to opt up to the Lincoln 100% Green option > and receive all of their electricity from premium renewable sources in the > New England region will see a new price of 24.018 ¢/kWh. > > Participants who have chosen the Lincoln Basic option will see a new price > of 21.206 ¢/kWh. > > While the new prices represent a significant increase over current prices, > they are all lower than Eversource’s winter residential Basic Service price > of 25.649 ¢/kWh, which will also take effect in January. The new prices > are expected to translate to a total of savings of over $650,000 for > Lincoln Green Energy Choice participants for the first half of 2023 > compared with Eversource’s residential Basic Service price. It is important > to note that because Eversource’s prices are 6-month prices and will change > in July, and because their future prices are not known, Lincoln Green > Energy Choice cannot guarantee to provide savings beyond June 2023. > > Current participants in Lincoln Green Energy Choice will receive a letter > in the mail from the Town informing them of the new prices. Participants > will be automatically re-enrolled in the program at the new price for their > current program option with their January 2023 electricity meter read and > do not need to take any action. The new prices will first appear on > February 2023 Eversource electric bills. > > Lincoln Green Energy Choice participants retain the right to make changes, > such as moving from one option to another or opting out, at any time with > no fee or penalty. Enrollment change requests can be submitted online at > LincolnGreenEnergyChoice.com or by calling customer support with the Town’s > program consultants at 1-844-651-8919. > > About Lincoln Green Energy Choice > > Lincoln Green Energy Choice is a group electricity purchasing program > provided by the Town of Lincoln for the community. Through the program, the > town chooses an electricity supplier for the community and determines the > price for, and the amount of renewable energy in, the community’s > electricity supply. The program provides a town-vetted alternative to > Eversource’s Basic Service and to other electricity supply offers in the > marketplace. The Town of Lincoln does not receive any financial > compensation from the program. All program participants have the right to > opt out at any time. Additional information is available at > LincolnGreenEnergyChoice.com. Customer support is available from the Town’s > program consultants via email at [email protected] or > by phone at 1-844-651-8919. > > To learn more about the Town’s climate action planning efforts, visit the > Lincoln Green Energy Committee web page at LincolnGreenEnergy.org. > > > > -- > The LincolnTalk mailing list. > To post, send mail to [email protected]. > Search the archives at http://lincoln.2330058.n4.nabble.com/. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > . > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > >
-- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
