New Prices to Take Effect by January 2025 Billing Cycle

SOMERVILLE – Mayor Katjana Ballantyne and the Somerville Office of Sustainability are announcing the renewal of the Somerville Community Choice Electricity
(Somerville CCE) program, with new, stable prices from December 2024 through January 2028.

After a competitive bidding process, Mayor Ballantyne is excited to announce the Administration has secured
​​​​lower
prices for all supply options. The City has secured these ​​lower
prices while also doubling the amount of renewable energy in the Default Local Green option. The Default Local Green option will now provide 40% additional regionally produced, zero-carbon renewable energy (also known as MA Class I RECs), for a total of 64%.

“Switching to renewable energy while supporting local projects is essential for Somerville’s goal of becoming carbon net-negative,” said Mayor Ballantyne. “What’s
even better is that we’ve secured lower rates for our residents while doubling the renewable energy in the Default Local Green option. This means saving money while increasing our commitment to a cleaner future. By 2030, over 24,000 Somerville electric customers
will be powered by 100% regional, renewable energy.”

Historically, participants in the 100% Local Green option were responsible for bringing in a disproportionate amount of additional renewable energy purchased
through the program. The new contract will bring the contribution of additional renewable energy purchased from the Default Local Green option up and the contribution of the 100% Local Green down. This creates more equity amongst the program options by reducing
the cost difference between the two and making it easier for residents and business to “opt-up” to 100% renewable energy. The changes are anticipated to increase the total additional renewable energy through this contract by 27 million kWh per year.

Current Community Choice Electric customers can expect to start seeing the new rates reflected on their January 2025 bills. Interested residents can learn more
about the program and sign up by visiting: If you would like to enroll in Somerville CCE, you may join any time. To join, submit a request at
cce.somervillema.gov

About the Community Choice Electric Program

Somerville CCE began in July 2017. Through May 2024, Somerville CCE collectively purchased an additional 54,000 MWh of zero-carbon, regionally produced renewable
energy, avoiding over 38 million pounds of carbon pollution. The program has saved participants $25.6 million since it began, compared to Eversource’s Basic Service Rate. Despite a historic increase in electric prices globally, more than one half (56%) of
the additional renewable energy purchased and three-quarters (76%) of residential dollar savings occurred under the Ballantyne Administration. This year, Somerville CCE participants passed a milestone of 1 billion kWh used through the program.

All new Somerville CCE prices will be fixed for 37 months, from December 2024 through January 2028. The Somerville CCE Program will continue to be served
by Direct Energy.

Somerville Basic

Somerville Local Green

Somerville 100% Local Green

Old Price 14.914
¢/kWh

New Price: 13.220 ¢/kWh

Meets State minimum MA Class I renewable energy standards of 24%.

Old Price 15.654
¢/kWh

New price: 14.840
¢/kWh

Provides 64% total renewable energy from MA Class I sources

Old Price 18.614
¢/kWh

New Price:
16.060 ¢/kWh

​​​
Provides 100% total renewable energy from MA Class I sources

Lowest priced option in CCE.

Balance competitive pricing and clean energy. Somerville’s Default Option.

Go above and beyond! Put more renewables onto the grid than you consume.

Learn more about our options at
cce.somervillema.gov

What this means for you

New prices take effect on your December meter read, which for most is on December 23, 2024. The first bill to show the new Somerville CCE pricing will be the
bill you receive showing usage from your December meter read to January meter read. Most customers can expect to receive this bill in late January 2025.

No action is necessary to receive the new pricing for your current Somerville supply option, if listed above. For example, if you currently use the Default
Local Green, you will automatically receive the new price for the Default Local Green listed above.

You may switch to another Somerville CCE option at any time. To switch options, call the program’s electricity supplier, Direct Energy, at (866) 968-8065,
or submit a request at cce.somervillema.gov.

To check what Somerville CCE supply option you currently use, look at the Supply section of your Eversource electricity bill. If you participate in the program,
it will include the “Old Price” listed above. In mid-November, all current participants will receive a letter notifying them of the new pricing and their options. The City will also issue multiple social media posts, in addition to this press release. Please
direct residents or businesses with questions to Naomi Gross, Community Engagement Specialist, at (857) 274-2463 (text/call) or to cce.somervillema.gov.

About the program

In 2015, the Somerville Board of Aldermen (City Council) voted to authorize municipal aggregation. In 2017, the Massachusetts Department of Public Utilities approved
Somerville’s plan. The current contract secured fixed pricing for all supply options from November 2022 through December 2024, providing multiple years of price stability. Most participants are enrolled in the default option, “Somerville Local Green,” which
has saved about $315 for the typical residential customer over that time, while also providing an additional 20% zero-carbon, regionally produced, renewable energy, also known as MA Class I RECs. Please note, Somerville CCE cannot guarantee future savings
because Eversource supply prices-to-compare are not known for the full term of our multi-year contract.

Somerville CCE prices only apply to the supply portion of electric bills and take effect on the meter read date. Eversource will continue to set the charges
on the delivery on electric bills and will repair outages and manage all billing. Somerville CCE has no impact on any solar benefits, low-income discounts, or budget billing plans.

Customers enrolled in CCE may be eligible to receive discounts through Eversource. Income eligible customers may receive a discount of 42% on their total electricity
bill while also benefiting from the Somerville CCE rates. A link to sign up for this discount, along with more information on energy efficiency and financial resources, are available at cce.somervillema.gov

If you would like to enroll in Somerville CCE, you may join any time. To join, submit a request at
cce.somervillema.gov

Somerville CCE participants may leave the Program at any time, without penalty and return to Basic Service supply with Eversource. To leave the Program, call
Eversource at (800) 592-2000, or submit a request at cce.somervillema.gov