National Grid Rate Increase

National Grid Rate Increase—Please Review This Closely!

National Grid recently sent notice of a pending rate increase for residential customers:

November 1, 2022, the National Grid base electricity price for residential customers (National Grid’s Basic Service)will increase to approximately 34¢ per kilowatt hour (kWh).

  • This new rate is nearly three times the 11.491¢/kWh rate that most current residential customers pay for electricity supplied by National Grid.
  • Southborough residents have an option to pay much less than this 34¢/kwh rate by purchasing their electricity through the “Southborough Community Power Choice” (SCPC) program (which approximately 2/3 of the Town’s residential electricity customers now use).
  • Residents currently participating in the SCPC program will not be affected by this National Grid price increase and will not need to take any action at this time.
  • Those not participating in the SCPC program might consider looking into this program as a way to save money and avoid a “surprise” from future electricity bills.
  • Anyone may easily join the SCPC program (online or via phone) or terminate participation in the SCPC program at any time (by selecting another electricity supplier, including National Grid’s Basic Service)—with no penalty. However, please note that accounts that have previously opted out of the SCPC program may not be eligible for the SCPC program price at the time of re-enrollment and may receive a market price instead. Please contact the SCPC program directly if you have questions about re-enrollment eligibility for the SCPC program price.

 For those unfamiliar with the SCPC program, the following information may be useful:

  • Your National Grid bill has a charge for two services: (1) the use of the National Grid power distribution system (the wires/transformers/etc.) and (2) the cost of the electricity itself.
  • Every residential customer must use (and pay for) National Grid’s distribution system (because this is the only available option to get power delivered to you).
  • Every residential customer has several options for purchasing electricity. These options include National Grid (for the soon-to-be-increased price), the SCPC program (the current choice of about 2/3 of Southborough National Grid customers), and a variety of other providers. National Grid is obligated to “deliver” a customer’s electricity from any source.
  • The current electricity price for SCPC program participants is 10.999¢/kWh (as shown under “Supply Services” as “Southborough Aggregation” on the reverse side of the monthly National Grid bill), and this price is guaranteed until December 2024.
  • Because National Grid’s prices may change and their future prices are not known, future SCPC program savings compared with National Grid’s prices cannot be guaranteed.

If you have questions and would like to speak with someone, please call 1-833-272-9591. 
Please refer to the content at the links below for more information about this:

https://www.masspowerchoice.com/southborough
https://www.southboroughtown.com/home/news/new-prices-southborough-commu...
https://www.southboroughtown.com/sites/g/files/vyhlif7351/f/news/grid_wi...
https://www.southboroughtown.com/sites/g/files/vyhlif7351/f/news/southbo...