The town of Watertown announced that it has entered into a contract to buy electricity for the Watertown Electricity Choice program, which will launch in September 2019.
Watertown Electricity Choice is a municipal electricity aggregation, which is a group buy program for electricity supply. Massachusetts state law allows cities and towns to aggregate electricity customers within their borders and select an electricity supplier on behalf of those customers, rather than having Eversource buy their electricity. Municipal aggregations are heavily regulated by the state and offer many consumer protections not available with private for-profit programs.
Watertown Electricity Choice will increase the amount of renewable energy in Watertown’s electricity supply, providing an additional 35% renewable electricity over and above the state-required minimum amount. With the increasing state renewable energy requirement Watertown Electricity Choice will provide over 50% local renewable energy in its first full year going up to 53% in the last year of the contract. (read more)
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