METHUEN — Mayor D.J. Beauregard announced that Methuen’s Community Choice Power Supply Program delivered nearly $1.9 million in electric supply savings to participating households in 2025, with stable supply pricing secured through December 2027.
In late 2024, Mayor Beauregard locked in a fixed electricity supply rate of $0.12830 per kWh through First Point Power. As of February, the National Grid Basic Service fixed rate is $0.15372 per kWh. While delivery charges from National Grid – which make up a significant portion of monthly bills – remain outside local control, the program provides measurable savings on the supply side.
Methuen is one of approximately 200 Massachusetts communities participating in municipal electricity aggregation, a state-authorized model that allows cities and towns to leverage collective buying power to secure more favorable supply rates for residents.
A recent Boston Globe analysis found that municipal aggregation programs are saving consumers an average of about 10 percent on electricity supply statewide. In Methuen, participants are saving more than 16 percent compared to National Grid’s Basic Service rate.
“For too many, life is getting harder, not easier. Costs are rising, and our residents are tapped out by an affordability crisis that’s ravaging communities across the country,” said Mayor Beauregard. “This program doesn’t solve the whole problem, but it delivered nearly $1.9 million in electric supply savings in 2025 compared to National Grid’s Basic Service rate. That’s real money back in people’s pockets.”
Residents who are not currently enrolled may opt in at any time without changing their electric utility provider. The only change is that First Point Power will appear under the “Supply Services” section of the monthly bill. There are no enrollment, early termination, or cancellation fees associated with the program.
“Global instability and broader energy market pressures can drive price volatility,” Mayor Beauregard added. “That’s why locking in a stable supply rate is critical. It provides some protection against future spikes and gives residents a measure of predictability in an otherwise uncertain environment. At the same time, I am calling on the Commonwealth to explore ways to enable similar aggregation programs for natural gas. People are struggling, and we need to use every tool available to help.”
To learn more about the Methuen Community Choice Power Supply Program, or to opt-in, visit: colonialpowergroup.com/methuen/.
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