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If you opt out:
National Grid’s Basic Service
(current 6-month price)
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Price period |
November 2021 – November 2024 meter reads |
November 2021 – November 2024 meter reads |
May 1, 2022 – October 31, 2022 ** |
Residential |
11.065 ¢/kWh* |
14.001 ¢/kWh* |
11.491 ¢/kWh |
Commercial |
11.065 ¢/kWh* |
14.001 ¢/kWh* |
10.370 ¢/kWh |
Industrial |
11.065 ¢/kWh* |
14.001 ¢/kWh* |
11.223 ¢/kWh (May 1, 2022 – July 31, 2022) |
Renewable Energy Content |
Meets minimum Massachusetts renewable electricity energy requirements. That means:
- 20% from “premium” renewable energy resources in the New England region (MA Class I RECs) to meet minimum state requirements
Also supports the development of new solar projects on Nantucket. |
Includes 100% renewable energy resources. That means:
- 20% from “premium” renewable energy resources in the New England region (MA Class I RECs) to meet minimum state requirements
- 80% from “premium” renewable energy resources in the New England region (MA Class I RECs) added voluntarily by Nantucket.
Also supports the development of new solar projects on Nantucket. |
Meets minimum Massachusetts renewable electricity energy requirements. That means:
- 20% from “premium” renewable energy resources in the New England region (MA Class I RECs) to meet minimum state requirements.
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Exit Terms |
Leave any time. No exit charge. |
Leave any time. No exit charge. |
Leave any time. No exit charge.*** |
* Prices include a 0.1 ¢/kWh administration fee and an extra 0.1 ¢/kWh to support Nantucket’s local Solar Rebate Program. Program prices could increase as a result of a change in law that results in a direct, material increase in costs during the term of the electricity supply agreement.
** National Grid’s fixed Basic Service prices change every six (6) months for residential and small business accounts and every three (3) months for medium and large business accounts. They will next change on November 1, 2022, for residential and commercial accounts, and on August 1, 2022 for industrial accounts.
*** Industrial customers only (rates G-2 and G-3) on the fixed price Basic Service option may receive a billing adjustment, which may be either a credit or a charge.