Penfield Names Energy Supplier to Work with CCA Admin
The Town of Penfield and its Community Choice Aggregation (CCA) Program Administrator Good Energy have completed the CCA supplier bidding process. After reviewing submissions, the Town Board authorized Supervisor Tony LaFountain to enter into a 24-month Aggregation Program Agreement with Constellation NewEnergy, Inc. to provide eligible Penfield residents with an electricity product that is 50% green at the price of 5.733 cents/kWh.
The goal of CCA is to provide energy customers with a cleaner energy product at a cost that is less than or equal to the going rate of traditional suppliers of base-mix electricity. In this case, the negotiated fixed rate from Constellation NewEnergy is essentially equal to the three-month trailing price of 5.76 cents/kWh from RG&E, and therefore meets the criteria of procuring cleaner energy at no increase in price. Residents who wish to opt up to a 100% green product at a slightly higher fixed rate of 6.443 cents/kWh will have that option; this would cost a household roughly $85 more per year compared to the 50% green option. Residents who do NOT wish to participate in the CCA program always have the ability to opt-out at no cost.
With this milestone, as the Town’s CCA Program Administrator, Good Energy will begin a comprehensive public outreach program for Penfield residents in the coming weeks that will include details about the CCA program and the ability to opt up or opt out. Good Energy will provide all resident education and communications through a dedicated website, telephone hotline, and direct mail. They will also host public information sessions to address all the nuances of CCA, who is considered eligible, how to opt out, opt up, or opt in, and other related topics. More details will follow. The electricity supply program will begin early December 2021 following community outreach and run for two years.
Under the CCA model, RG&E remains the electricity distributor; it will still own and operate the transmission lines, respond to outages and emergencies, and bill as normal for delivery of those services.
Supervisor Tony LaFountain:
“I believe this is a win/win program moving forward to help manage electric costs in the long term by providing residents with a minimum 50% green power option and an opportunity to opt up to a 100% green choice for a small additional cost. With everything that’s going on in the US and across the world—the hottest July on record, wild fires, significant storms and flooding, world conflicts, and COVID-19—energy prices are projected to increase. Our goal is to provide residents with price stability and a component of green energy. This agreement also gives residents an option to increase their green energy component to 100%. Additionally, residents may opt out altogether if they want to keep their current supplier and manage their own electric needs.”