Town Of Hampton: Hampton Electric Aggregation Plan - Public Hearings

Press release from the Town of Hampton:

The Town of Hampton has developed an Electric Aggregation Plan (the “Plan”) which outlines how Hampton’s Community Power Aggregation (“CPA”) Program (the “CPA Program” or “Program”) will work. CPA programs are designed to offer competitive choices to eligible retail electric consumers (Hampton’s residents and businesses) as an alternative to the default energy service provided by Hampton’s local distributor, Unitil Energy Systems, Inc. (“Unitil”).

Adoption of this Plan is subject to approval by the Board of Selectmen and, if approved, will be placed on the March 2023 Warrant for adoption by a majority of those present and voting at Town Meeting.

Eligible consumers may opt-out of Hampton’s CPA Program and select Unitil as their default energy service provider or choose their power supply from another competitive supplier at any time before or following enrollment in the CPA Program. Consumer participation in the CPA Program is entirely voluntary.

Community Power Aggregation refers to the grouping of retail electric customers within a municipality or group of municipalities to provide, broker or contract for electric power supply and related services for those customers. Communities typically implement this program for cost savings, environmental sustainability, sourcing electricity from local energy sources or some combination of these.

By greatly improving the buying power of the consumers in Hampton to negotiate rates for power supply, Hampton has the potential to offer a wider choice of energy supply options and innovative services to its residents and businesses, including choices that may include a larger proportion of renewable energy.

Community Power Aggregation programs only change the sources of electricity used to supply the community, and do NOT change how electricity is delivered over the transmission or distribution grid. In Hampton’s case, Unitil will remain the utility that is responsible for maintaining the distribution grid and delivering electricity purchased by the Program to participating customers.

Click on Additional Info to view the Electric Aggregation Plan

Additional Info...

This press release was produced by the Town of Hampton. The views expressed here are the author’s own.