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Important program news:Prices for Watertown Electricity Choice will move to market levels when the current contract with NextEra Energy Service ends and a new, 36-month contract with Direct Energy Services, LLC, takes effect in December. The electricity market and regulatory costs have changed since the NextEra contract was signed, and the new prices are rising slightly to reflect current market conditions. The new Direct Energy prices will be higher than current prices but are lower than Eversource’s current residential Basic Service price of 16.078 cents/kWh, which is in effect until December 31. However, because Eversource’s price is not known beyond that date, future savings cannot be guaranteed. The new prices for each option are as follows:
Active participants in Watertown Electricity Choice will be automatically enrolled in the new price for their current program option in December unless they opt out or change to a different option. See the announcement on the City of Watertown’s municipal website. |