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Peterborough Select Board chooses 'Clean 100' electricity option for town buildings

Peterborough Select Board · September 3, 2024
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Summary

The Select Board voted unanimously to enroll town-owned meters in the Clean 100 electricity option, prioritizing renewable supply; members said the contract will be revisited in six months and the town foresees modest local-fund tradeoffs under alternative rates.

Select Board Chair Tyler Ward said the board will opt for the Clean 100 electricity option for town-owned meters, citing the town’s adopted 2030 renewable-energy goal. The board voted unanimously to apply the Clean 100 rate to municipal accounts.

Nicole MacStay, speaking for town staff, presented estimated municipal costs for the competing rates under consideration and said staff was comfortable the town could cover an announced delivery-charge increase under any of the options. Board members debated the trade-offs: Bill Kennedy favored the Peterborough Local option because it directs a small per‑kilowatt-hour premium to a local fund for community energy projects, while Ward and Bill Taylor said Clean 100 better aligned with the town’s renewable target.

Bruce Tucker of the Peterborough Community Power Committee told the board that, based on the town-owned meters alone, the Peterborough Local option would add roughly $3,700 a year to the local fund — about $37,000 over 10 years — and that the town’s combined contribution could approach $60,000 in that period, money Tucker said could support projects such as solar on the fire station. Tucker also explained that any additional ‘kick-back’ to the local fund would be an extra charge layered on top of the base rate.

Ward said the board can revisit the contract in six months if circumstances change. The motion to select Clean 100 was made by Chair Ward, seconded by Bill Taylor, and carried unanimously.