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Pembroke told how to switch suppliers or exit community power: 36‑month rolling contract, 10‑day buffer explained
Summary
CPCNH staff explained to Pembroke that the member services contract includes a 36‑month rolling termination structure; the earliest a community could leave without imposing costs on remaining members is when a 10‑day reserve buffer and no outstanding hedges are achieved, otherwise exit could take up to 36 months.
CPCNH staff briefed the committee on the formal mechanics for changing default suppliers or terminating the town's community power program. Staff said the select board has authority to vote to exit the member services contract; that contract operates as a 36‑month rolling agreement and contains an early‑termination provision intended to avoid cost transfers to remaining members. Committee members asked whether leaving would affect the Poverty Plains (municipal host) agreement and staff said that agreement would not be impacted by a supply‑contract change.
Staff explained the earliest practical exit point: a "10‑day buffer" of reserves and no outstanding hedges for the town's accounts. "So the shortest you could leave is when you get to 0 balance... A 10 day [buffer]" a committee member summarized in questions and staff confirmed that otherwise the full contractual horizon — up to 36 months — applies and financial obligations must be settled before a community can switch suppliers.
