Nantucket Electric | Massachusetts - MA - Electric Rates and Plans
Viridian Energy is currently licensed in the following Massachusetts Utility Markets but are not currently actively marketing to customers. *Special Note
- Fitchburg Gas and Electric Light
- Massachusetts Electric ~ dba National Grid
- Nantucket Electric ~ dba National Grid
- NSTAR - Boston Edison
- NSTAR - Cambridge
- NSTAR - Commonwealth
- Western Massachusetts Electric
As part of our company mission, Viridian has chosen to exceed the green energy requirements in each state in which we operate. Each state mandates that every licensed electricity supplier obtain a percentage of its electricity load from renewable sources. The electricity you get through Viridian’s Everyday Green plan is 20% green, while most of our competitors merely meet the minimum state benchmark.
Simply by switching, the average residential customer using 1,000 kilowatt hours per month will reduce his or her carbon emissions by more than 1500 pounds which is the equivalent of planting about 100 trees or of about 2000 miles not driven. The choice is clear. For those wanting to do more, Viridian offers customers the opportunity to go 100% green through our Pure Green rate plan,
Don't See Your Utility Listed? Feel free to contact us here and we will be able to update you when your Utility Markets become available.
Picking a Competitive Power Supplier
"If you choose a Competitive Supplier, NSTAR Electric will continue to deliver power to your home or business, read your meter, care for the poles and wires, provide customer service, and restore power when there is a service interruption.
You may wish to shop the competitive market. We encourage you to compare the Competitive Suppliers' options to Basic Service. In addition to price, other service offerings may be of value to you."
Viridian is pleased to report that the Massachusetts Department of Public Utilities has taken initial steps to implement a Purchase of Receivable (POR) program. The DPU last week approved a model that would pave the way for retail-friendly market conditions, allowing suppliers like Viridian to consider market entry once the model has been implemented.
While this development is certainly an exciting one, the implementation process will not be immediate. Depending on the individual utility’s implementation plan, POR could be offered to suppliers sometime in the next 6 to 12 months. Because of this, it is important for all Associates to understand that although this news is positive, Viridian will not be opening in MA in the immediate future.
What does this mean for Viridian?
Since our market entry in Massachusetts is 6 to 12 months away, we do not know what the market conditions will be when POR is implemented. As with every market we enter, our market entry will depend on analysis of current market conditions including wholesale energy prices, utility rates, and other competitive offerings, in addition to a strategic launch plan to ensure that we can offer customers a strong value proposition and our Associates an even stronger business opportunity. In short, this means that Viridian will determine whether or not this will be a good market for us to enter, and if so, what the appropriate launch plan will be.