Salem PowerChoice Provides Savings Compared with National Grid Winter Rates

Salem’s municipal electrical supply program offers lower rates than basic service for winter
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Salem PowerChoice residential program participants are now saving more than two and a half cents per kWH compared with National Grid’s Basic Service price. On November 1, National Grid’s fixed Basic Service price increased 34%, from 9.432 cents per kWh to 12.673 cents per kWh for residential accounts. Commercial and industrial fixed Basic Service prices increased as well. However, the Salem PowerChoice program rate remains fixed at 9.965 cents per kWh until June 2019.

With the increase in National Grid’s Basic Service price, an average Salem household participating in the program could see an electricity bill savings of as much as $14 per month when compared with National Grid’s winter pricing.

“I’m pleased that Salem homeowners participating in the PowerChoice program will realize a savings on their electrical bills this winter,” said Mayor Kim Driscoll. “During the colder months especially, it’s great to be able to help people save a bit more on their energy costs. Salem PowerChoice not only offers a lower supply price than basic service this winter, we’re also able to supply 100% green power through the program, reducing our community’s collective carbon footprint by a substantial amount.”

The Salem PowerChoice program is an electricity aggregation, which is a form of group purchasing in which a city or town selects an electricity supplier on behalf of its residents and businesses. By supplying the City with 100% green energy, the program is reducing Salem’s carbon footprint at the same time it provides stable electricity supply pricing for Salem residents and businesses. The Salem PowerChoice program provides a City-vetted alternative to National Grid’s Basic Service and to other electricity supply offers in the marketplace.

The Salem PowerChoice program offers 3 options: PowerChoice Standard, PowerChoice Plus, and PowerChoice Basic. Salem PowerChoice program participants retain the freedom to opt out of the program at any time with no penalty or charge. Those who choose to opt out will be switched to National Grid’s Basic Service rate.

More information is available by visiting the program website at http://masspowerchoice.com/salem or by calling the City’s program consultants at 1-844-483-5004.

If you want to understand the makeup of the electricity you get from the Salem Power Choice program, view the new energy mix disclosure document at

http://www.salem.com/home/news/salem-powerchoice-energy-mix-disclosure-label