SARATOGA SPRINGS, N.Y. >> Saratoga Springs will be the first municipality in the area to explore Community Choice Aggregation, which would allow the city to pool the electricity accounts of residents and small businesses.
The bulk purchasing of electricity can result in lower electricity rates for residents, officials said.
Community Choice Aggregation is a municipal energy procurement model that replaces the utility as the default supplier of electricity for virtually all homes and small businesses within a jurisdiction, according to NYSERDA
The CCA is a non-binding agreement. Consumers who do not want to participate in the program will have the ability to opt out of it, officials said.
The Municipal Electric and Gas Alliance chose Saratoga Springs for the project because of the city’s ongoing efforts to address energy needs, officials said.
It’s a seven-step process, Commissioner of Finance Michele Madigan said, and the city has finished step one.
“Step 1 was choosing MEGA as our CCA administrator; Step 2 is a public education process; Step 3 would require us to adopt a local law; Step 4, we do a competitive bid for energy supply,” said Madigan. “Step 5, select the low-bid supplier; Step 6, citizens can opt out of the program; Step 7, savings begin for residents.”
People outside of Saratoga Springs may be able to save money via the CCA project as well.
In order for the program to begin, officials said, there needs to be at least 40,000 households in an area.
Saratoga Springs is located in Zone F on the New York State Independent System…
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