Inside This Newsletter
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The Impact on Pricing and the Markets with the Reopening Post-Covid and the Ongoing Impact with the Resurgence of Covid
By Dan Cwalinski, Director of Contracts and Pricing Whereas 2020 saw significant demand destruction and reduction in commodity pricing across the country, the story has been quite different in 2021. Since the start of 2021, we have seen energy markets begin [...]
By Carol Anne Watts, Director of Energy Sales Are you disappointed with renewal rates? If your energy contract is expiring in 2021/2022 you have likely been surprised with the rates being presented to you. Since April 2021, future markets have been [...]
Massachusetts has long been a leader in advancing renewable energy policy and programs designed to drive more commercial development to the state. Thanks to these programs, including the commonly referenced Solar Massachusetts Renewable Target(SMART) program, commercial energy users in Massachusetts [...]
After a long year of negotiations, compromise, and input from various stakeholders HB315 has been signed into law by Governor Sununu. HB315 is a big victory for advocates of net metering and community choice aggregation (CCA) as it enhances both [...]
By Sean Devine, Director of Natural Gas Sales There have been a few main driving factors that have led to the increasingly higher natural gas prices and lower storage levels through 2021. As the country has seen continuous heat waves [...]
By Howard Plante, Vice President of Procurement With State policies driving clean energy requirements and the increasing demand to reduce electricity generation from fuel and non-renewable sources, the installation of solar power systems is growing at a rapid pace in New [...]
Do you have clients, employees, and visitors who drive electric vehicles? Are any of your business vehicles electric or do you plan to add some to your feet? As electric vehicles become more commonplace, the need for fast and efficient [...]
Client Spotlight: City of Salem, MA
Salem is a historic coastal city in Essex County, Massachusetts and it is in the North Shore region of the state. The city features both historic residential neighborhoods and seaport tourist areas. One of the most widely known aspects of Salem is its history of witchcraft allegations, and the infamous Salem witch trials in the late 1600’s.
In the present day, the city and the local community are steadfast in their commitment to a sustainable future. As far back as 2016, the Salem City Council drafted a resolution in support of 100% renewable energy. The resolution resolved that the City of Salem would move forward to reduce fossil fuel use and expand clean energy initiatives that could offset a significant portion of the City’s electricity use.
Today, the city strives to exceed the state of Massachusetts’ commitment to carbon neutrality by 2050. Salem’s Resilient Together—2021 climate action plan highlights the City’s commitment to 100% clean energy for all municipal operations by 2030 and 100% of community energy by 2040. In support of their commitment to a sustainable future, the City contracted through Freedom Energy Logistics for its electricity requirements for the next 3 years. The contract includes an additional voluntary renewable energy component for all of Salem’s 200 accounts. To cover its annual usage, the city purchased a combination of Class I MA Renewable Energy Certificates (RECs) and National Wind RECs Combined.
The REC purchase equates to a GHG emissions reduction equivalent to removing 1,459 passenger cars from the road for a year or the CO2 emissions reduction equivalent to producing enough electricity annually to power approximately 808 homes. Salem is dedicated to accessible renewable energy for all its residents and businesses, and that the energy supply is renewable, efficient, safe, and resilient to climate-related disruptions.
Freedom Energy applauds Salem and the community for its tremendous strides and commitment in the effort to combat climate change. We are delighted to work with the city, not only to attain their energy objectives, but also to and assist in achieving their sustainability goals.
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