Walpole Power Choice Rates have been updated

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Walpole Power Choice prices to increase in August

WALPOLE, MA – Walpole Power Choice prices will increase beginning with August meter reads because of a regulatory change, which is also known as a change in law. Walpole’s contract with First Point Power allows a price increase in the event of a change in law. Changes in law are rare, and Walpole Power Choice has not had a change in law since the program launched in 2017.

Walpole Power Choice has two options, and prices for each will increase by 0.738 ¢/kWh: The new prices will be as follows:

  • Power Choice Standard: Increasing from 13.876 ¢/kWh to 14.614 ¢/kWh. Most Walpole Power Choice participants are enrolled in the Power Choice Standard option.
  • Power Choice Green: Increasing from 14.658 ¢/kWh to 15.396 ¢/kWh.

The new prices will first appear on Eversource bills in September, and they will be fixed through the end of the contract with First Point Power, which is December 2026. Most participants in Walpole Power Choice will continue to see savings because Eversource’s residential Basic Service price will also increase on August 1. Eversource’s new residential price will be 14.884 ¢/kWh, which is higher than the new Power Choice Standard price. Eversource’s new price will be in place through January 31, 2026. Eversource’s prices change every six months, so savings beyond January 31 cannot be guaranteed.

Walpole Power Choice has a track record of providing savings for the community. Since launching in 2017, the program has saved participants more than $21 million compared with Eversource’s electricity supply prices.

The regulatory change is known as the Day Ahead Ancillary Services Initiative (DASI), and it is designed to improve the reliability of the electric grid. DASI enables our electric grid operator, ISO New England, to ensure that electricity generators are on standby so that they can be called upon if needed. The initiative was approved by the Federal Energy Regulatory Commission in January 2024 and took effect in March of 2025.

The costs of DASI must be paid by all retail electricity suppliers. These costs will be included in Eversource’s Basic Service prices beginning on August 1, and they will be included in the price for all future electricity supply contracts for Walpole Power Choice.

More information about Walpole Power Choice is available at WalpolePowerChoice.com.