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TYNGSBOROUGH RESIDENTS & BUSINESSES CONTINUE TO SEE SAVINGS THROUGH AGGREGATION

TYNGSBOROUGH, MA –The Town of Tyngsborough is in the middle of a thirty-six-month contract with its current supplier, First Point Power, which provides residents and businesses with price stability as well as continues to offer a green option that uses 100% National Wind renewable energy. The current standard rate for our participants, locked in through November 2024, is $0.10943 per kWh. This is lower than the current National Grid basic rate of $0.11318 per kWh.

“We are excited to see that the program is able to continue to provide great relief to our residents on their electric bills while costs otherwise continue to climb,” said Town Administrator Matthew Hanson, “In addition, the Program locks in rates for the contract term which will insulate ratepayers from market fluctuations.”

There are no enrollment, early termination, or cancellation fees attached to the Tyngsborough electricity program. Residents who choose to opt-out can also opt-in at a later date if they so choose at no cost so long as they are switching from National Grid’s basic service. However, anyone switching from a contract with a third-party supplier (not National Grid) is currently ineligible for enrollment.

Residents may also visit colonialpowergroup.com/tyngsborough or call (866) 485-5858 ext. 1 to learn more about Tyngsborough’s Community Choice Power Supply Program or to opt-in or opt-out.

National Grid has several programs to help income-eligible families and customers needing special assistance meet their energy needs. To learn more visit nationalgridus.com/MA-Home/Bill-Help/Payment-Assistance-Programs.

Contact: Colin Loiselle, Assistant Town Administrator ([email protected]) or by phone 978-649-2300 x100

ABOUT COLONIAL POWER GROUP: Based in Marlborough, Mass., Colonial Power Group is the leading aggregation-consulting firm in Massachusetts. Colonial Power has been working with local governments since 2002 in the design, implementation and management of municipal aggregation programs.