The competitive electricity supply market is tightening. Margins are thinning and suppliers are working harder to maintain their business. Most suppliers have responded to this tightening by becoming more responsive to customer desires, offering new products and services to deepen customer relationships. Other suppliers have become increasingly reliant on brokers, through channel relationships, to broaden […]
BOSTON, May 21 — An energy industry veteran with a broad range of experience in managing large and complex energy-related organizations and projects, including managing power plants, retail energy marketing, information services, and US Army engineer units has joined the PowerOptions’ Board of Directors. Thomas E. Rogers, P.E. adds to depth of the board of […]
The regional grid operator, ISO-NE, has proposed to create a new compensation mechanism for resources that can contribute to winter energy security during the 2023/2024 and 2024/2025 winters. The proposal has been dubbed “Chapter 2B,” as it follows the cost of service contract given to the Mystic units (and potentially other units in the future) […]
In a concerted effort to cost-effectively reduce greenhouse gas emissions and diversify the region’s resource mix with less reliance on natural gas, Massachusetts, Rhode Island, and Connecticut have procured a total of 1,500 megawatts of offshore wind projects. This is enough generation to replace about half of the Mystic gas plants in Everett, Massachusetts slated […]
The region’s largest energy consortium, serving exclusively nonprofits and government institutions, has won a contract with the consortium serving the Rhode Island League of Cities and Towns. This new approach to growing it’s consortium has the potential to increase PowerOptions’ electricity sales by about 20 percent while expanding its membership base for the delivery of […]
The City of Medford has collaborated with Solect Energy, the state’s leading commercial-scale developer and installer of solar energy systems, and PowerOptions, the region’s largest energy buying consortium, to install a 235 kilowatt (kW) solar energy system on the roof of the City’s new DPW Building. The array consists of 588 solar photovoltaic (PV) panels, which are […]
