The energy provider that aggregates service for 21 towns and two counties on Cape Cod and Martha’s Vineyard has signed an agreement to serve its customers with 100 percent renewable power. The Cape Light Compact is teaming up with Massachusetts’ NextEra Energy to provide electricity with renewable energy certificates equal to 100 percent of the energy used by the compact’s customers. Additionally, the agreement directs up to $3 million annually into a renewable energy trust, which will be used to develop new clean energy projects in North America, with a focus on projects in New England. Through the innovative community aggregation model, the agreement will also slightly lower energy bills, from an average residential price of 9.930 cents per kilowatt-hour down to 9.7 cents per kilowatt-hour.

– via Green Energy Times and Cape Cod Today

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