Medford To Negotiate Electricity Rates For Residents, Businesses

MEDFORD, MA – The Medford City Council this week approved enacting municipal aggregation in the city, according to the mayor's office. The program is a form of group purchasing that allows the city to negotiate a better contract for the electricity supply on behalf of businesses and residents.

The city will next develop an aggregation plan over the next few months. Once completed, it will be voted on by the city council before it is sent to the Department of Public Utilities for approval.

The benefits of municipal aggregation include lower rates for residents, price consistency and favorable contract terms and the ability to negotiate a large purchase of "green" renewable energy.

"I’m thrilled that the Medford City Council is showing their support for the City’s Energy Plan with its vote to move forward with municipal aggregation last night," Burke said in a statement. "This program is considered a municipal 'best practice' and will allow the City to provide more support for residents and businesses with their utility bills."

Anyone with questions is asked to contact Alicia Hunt in the Office of Energy & Environment at 781-393-2137 or ahunt@medford-ma.gov.

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