It’s coming! In April, Lebanon Community Power (LCP) will bring most Lebanon customers the best electricity rates that competitive purchasing can obtain.
Who is LCP for?
Liberty Utilities residential and business customers whose energy is supplied at the utility’s so-called “default” rate will be notified by letter in March and will be automatically billed on the utility bill in April at the new lower Lebanon Community Power rate.
What if I already buy my power through a commercial broker?
You will not be affected. You will not receive a letter in March and won’t be switched to Lebanon Community Power. But you should check out the Lebanon Community Power rates to see if they are better than your broker offers, especially for greener power. At the end of your current contract, consider going to the website to join.
What will the savings be?
We will not know until the March letter.
If you do not like the rates in March, you can switch back to Liberty Utilities.
How do I know the rates will be lower?
The Community Power Coalition, a power agency formed by 27 municipalities in NH, will have huge buying power representing 25% of the total NH power load. Its consultants will purchase for local Community Power programs a rolling portfolio of the best, risk-assessed market bargains, from wholesale power to renewable to laddered short-term contracts. The utilities by contrast must go out to bid for a long block of time, usually 6 months, and they pass on whatever price they are offered.
Who do I call for outages?
For outages call Liberty Utilities. They will maintain the lines and bill for delivery as before. Liberty Utilities will still offer the Electrical Assistance Program.
Greener Power! Lebanon Community Power will offer three more renewable power options in March at slightly higher rates than the basic rate. If you can afford it, choosing greener power reduces coal and gas emissions from generation and is a very low-cost way to help the City’s sustainability goals.
Be a part of the people’s public interest power supplier! The Coalition is committed to supporting local initiatives and promoting more local renewable power generation.
Learn more by visiting the Community Power Coalition of New Hampshire website.