What are Hampshire Power and Hampshire Electricity Aggregation?
Hampshire Power offers electricity supply, on a contract basis, with
government entities, non-profits, and businesses. Hampshire Electricity
Aggregation offers municipalities the option of offering lower rates
to residential and small business customers.
What
rate plans does Hampshire Power offer?
Because Hampshire Power is different from private, for-profit
suppliers, our rate plans are substantially different, too.
PROFIT SHARING: Each month, customers pay the same
rate they would pay if they were on the utility’s “basic”
rate. We buy at wholesale, manage our costs to make a profit, and share
it with customers on this plan. A profit-sharing customer will not pay
more than the utility’s price; if we make a profit, we share it
with profit-sharing customers..
REAL-TIME: Customers who are willing to accept some
risk and manage their energy use may save substantially more by paying
the hourly market price for electricity, plus a small adder to cover
our costs.
FIXED: Fixed price customers enjoy a stable price
for the duration of their contract term. Since the risk is assumed by
Hampshire Power, the price is generally higher than with the Real-Time
plan, but our fixed price is extremely competitive with those of other
suppliers.
CUSTOM: We will help large commercial and industrial
customers develop individualized plans to reduce costs and hedge risk.
Is
there a charge for switching suppliers?
Neither Northeast Utilities nor National Grid charges a fee although
private suppliers may have their own set of fees and charges.
What will happen to my service from the utility?
Nothing. Your current electric utility will still maintain the wires,
get the electricity to you, and read your meter.
Why does Hampshire Power collect a deposit?
Municipalities and all other customers who can show timely payment of
electric bills WILL NOT BE ASSESSED A SECURITY DEPOSIT. By requiring
deposits, we are protecting your share of the profit. If a customer
is late in paying, we can use the deposit to pay their bill. Deposits
are held in a bank escrow account in the customer’s name and returned,
with accrued interest, when the customer has developed a good record
of timely payments.
How will I be billed?
Your utility will still send you a bill every month. If you choose the
Profit Sharing plan, our charges will be included on the same bill,
and the utility will send us our share. Other customers will receive
a separate bill from Hampshire Power. It will include a simple consolidated
summary, and Real-Time customers will receive digital data on use and
price for each hour of the month to help you analyze and manage your
electricity demand.
How can I help protect the environment with Hampshire
Power?
The greenest power is the power you do NOT use. The real cost of electricity
changes every hour. The dirtiest power is also the most expensive power.
By choosing a real time rate, you receive a direct cost benefit when
you reduce the amount of power you use in those most expensive and polluting
hours. You can also support the renewable electricity industry by purchasing
Renewable Energy Certificates from Hampshire Power.
Who does Hampshire Power serve?
The program currently serves about 90 customers, most of them cities,
towns, and districts, as well as a number of small businesses and non-profits
and one state agency.
For more information
call or email Geoffrey Rogers at 413-584-1300 x:153; grogers@hampshirecog.org.
What is
Hampshire Electricity Aggregation?
Hampshire Electricity Aggregation has applied, with 22 communities,
for state approval of a plan for group purchasing of electricity for
those residential and business customers who have not chosen an alternative
supplier.
For more information
call or email Ken Elstein at 413-584-1300 x:151; kelstein@hampshirecog.org
Hampshire
COG Municipal Aggregation Application