Powerful savings – Electricity supply aggregation could reduce costs by $75,000 - News Summed Up

Powerful savings – Electricity supply aggregation could reduce costs by $75,000


By THOMAS P. CALDWELL, LACONIA DAILY SUNMEREDITH — A regional purchasing agreement could reduce the cost of electricity by $75,000 for the towns interested in participating. Last April, the regional planning commission conducted a survey of member towns to determine what services they might have an interest in. Some are already under contract with suppliers, and both Ashland and Wolfeboro have their own municipal electricity systems. Electricity costs fluctuate on a daily basis, due to demand, fuel costs, and other factors, and any time a rate is locked in, it’s a gamble, Hayes said. “The co-op rate is 7.47 cents, so it’s about a 2 percent savings over the co-op, but it’s a 48 percent savings over Eversource,” Hayes said.


Source: Daily Sun October 12, 2017 07:07 UTC



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