Town of North Hampton, NH Signs Municipal Aggregation Contract to Maximize Electricity Buying Power for its Residents and Small Businesses
Colonial Power Group and Freedom Energy Logistics Provide Community Choice Aggregation Services to optimize purchasing power for NH Municipalities.
Auburn, NH and Marlborough, MA. November 6, 2023. Freedom Energy Logistics (Freedom Energy) and Colonial Power Group (CPG) today announced that the Town of North Hampton, NH located in Rockingham County, has entered into a five-year Community Choice Aggregation (CCA) consulting agreement. The newly signed municipal aggregation consulting agreement is a first step towards bringing CCA to North Hampton which will provide an alternative to volatile electricity prices for town residents by maximizing the community’s buying power, resulting in cost savings, local renewable energy initiative advancement, more affordable options, and greater consumer protection.
“The recent extreme volatility in the power markets drove us to investigate better ways for our residents and small businesses to save money and have greater budget certainty,” said Michael Tully, North Hampton’s Town Administrator, and champion of the Town’s Community Choice Aggregation Program. “With changes in NH legislation, we’re now able to participate in CCA and have better control over how our community sources and purchases our electricity supply.”
“North Hampton chose to work with Freedom Energy and Colonial Power Group knowing their work with neighboring towns such as Hampton, and their extensive CCA expertise guiding other communities,” said James Sununu, member of the Town’s Board of Selectmen. “We believe our community of more than 4,550 residents will benefit from local control of this Community Choice Aggregation opportunity, and we sought a provider that not only understands the market but has significant experience and proven results, as CPG achieved in MA with more than 80 communities under their guidance.”
“We’ve been working with and empowering municipalities to effectively source and purchase their electricity supply through CCA Programs for nearly two decades,” said Stuart Ormsbee, Vice President, Colonial Power Group. “Collaborating with communities, we design, develop, and roll out their programs, and then continue to partner with them to manage and monitor the ongoing success. As North Hampton’s CCA provider, CPG and Freedom Energy are responsible for informing consumers, and designing, managing, and executing the comprehensive aggregation strategy.”
“Freedom Energy and Colonial Power Group are very excited to be working with the Town of North Hampton and adding them to our expanding list of New Hampshire communities,” said Bart Fromuth, CEO of Freedom Energy. “The first official meeting of the municipal aggregation committee for the Town was Tuesday, August 29, and we can’t wait to get to work with and assist the Town achieve their goals for the program.”
Note: Any electricity customers on Eversource or Unitil Default Energy Service within the municipality will be automatically enrolled in the program with the option to opt-out at any point with no penalty. Residents will continue to receive their invoice from Eversource or Unitil, contact the utility when the electricity goes out, remain eligible for any fuel assistance, and, if applicable, net metering credits will continue to appear on their bill.
In 2021, Freedom Energy Logistics and Colonial Power Group joined forces through a strategic partnership designed to provide value to municipal clients and local communities. As leading energy advisories, they jointly offer comprehensive energy services. This includes energy procurement, demand management, and renewables in support of each city and town’s unique energy requirements and sustainability objectives. The energy advisories also offer CCA in New Hampshire and are actively working to assist municipalities in learning more about it.