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Good Energy: Swansea aggregation program to offer lower fixed default rate beginning in August
Summary
Good Energy told the selectmen that Swansea's municipal aggregation contract with Direct Energy was renewed and that fixed program rates will remain in place through December 2027; the company expects the program's default rate to be below Eversource's projected August default, and plans an opt‑out mailing to bring roughly 1,000 newly eligible accounts into the program.
Allison McNeel of Good Energy updated the Board of Selectmen on Swansea’s municipal aggregation program and said the supplier contract renewal keeps fixed, 24‑month prices for the community through December 2027.
McNeel said the program’s default product will be priced at about 11.58¢ per kilowatt‑hour beginning in August, while Eversource’s then‑projected default rate would be about 14¢, so participants on the default product should see savings when the utility’s rate resets. She added that all four Good Energy product options will be below the utility’s projected August default.
Good Energy plans an opt‑out mailing to roughly 1,000 accounts that have become newly eligible (residents who moved into town or returned to default service) so those customers can be automatically enrolled unless they choose otherwise. McNeel said the program historically reached roughly 70–80% participation among eligible accounts at launch and that most enrolled customers are in the default product; smaller numbers opt up to 50% or 100% voluntary renewable options.
Board members asked about participation rates and program marketing; McNeel said Good Energy runs opt‑up campaigns and local outreach materials to encourage higher renewable participation but that the default product is the principal driver of program savings.
The selectmen received the update; no formal vote was required.
