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<br /> were called on to produce electricity with oil,because p
<br /> Report of the of natural gas shortages. Unfortunately,many of these e
<br /> Cape Light Compact facilities did not have enough oil on site to operate when c
<br /> called upon, simply because of the substantial cost of n
<br /> carrying a large oil inventory. The Winter Reliability d
<br /> To the Honorable Board of Selectmen and the program will pay these dual-fuelled units to stock up
<br /> Citizens of the Town of Mashpee: on oil,so they can operate if called upon. In theory,this
<br /> should help the region avoid a shortage of natural gas
<br /> Town of Mashpee Activities during cold snaps in the 2013/2014 winter.
<br /> Mashpee Representative-Tom Mayo Over the long term, most are looking to new or
<br /> expanded natural gas pipelines into New England as the
<br /> "It is a pleasure to serve on the Governing Board solution. There are challenges here too however, and
<br /> for Cape Light Compact. The Compact is a key player
<br /> in implementing a successful energy efficiency program the region's largest pipeline may not be expanded until
<br /> 1
<br /> the end of 2016. As a result,power supply prices in the
<br /> in Mashpee and across the Cape and Vineyard while first half of 2014 will increase substantially. We expect
<br /> assuring affordable energy for our residents and these prices to come down somewhat in the second half
<br /> businesses. I look forward to continuing in this
<br /> important work on behalf of the Town of Mashpee. 2014,but are not likely to fall below eight cents per
<br /> " - of of 2
<br /> Tom Mayo
<br /> h.
<br /> Cape Light Compact is an intergovernmental
<br /> In 2013,Cape Light Compact provided energy to
<br /> organization consisting of the 21 towns and 2 counties residents and businesses in accordance with a
<br /> on Cape Cod and Martha's Vineyard. The Compact's competitive electricity supply contract negotiated by the
<br /> mission is to serve our 200,000 customers through the Compact with ConEdison Solutions. As of the most
<br /> delivery of proven energy efficiency programs,effective recent count, the Compact had 7,543 electric accounts
<br /> consumer advocacy,competitive electricity supply and in the Town of Mashpee on its energy supply,
<br /> green power options.
<br /> Customers have a choice as to which power supplier
<br /> they wish to engage, and are able to opt out of, and
<br /> POWER SUPPLY return to, the Compact's supply at any time with no
<br /> Many of the same factors that influenced New charge. The Compact encourages customers to
<br /> England's electricity prices in 2012 persisted in 2013. participate in competitive electric markets, and to be
<br /> Most notably,the price of natural gas remained the most well informed consumers.
<br /> important driver of electricity prices,as the fuel used to
<br /> produce more than half of the region's electricity. CONSUMER ADVOCACY
<br /> While New England's consumption of natural gas Since 1997, Cape Light Compact has advocated
<br /> for the ratepayers of Cape Cod and Martha's Vineyard
<br /> continues to increase,both for generating electricity and
<br /> for heating,as gas displaces oil,2013 has not seen any at the local, state and federal level. This consumer
<br /> new pipeline capacity into the region. As a result, advocacy has saved customers over $142 million and
<br /> despite relatively low and stable prices for natural gas in the Compact is currently fighting to prevent an
<br /> other parts of the country, the gas transmission additional $20 million rate increase to residential
<br /> bottleneck into New England has continued to push our customers.
<br /> prices up. ENERGY EFFICIENCY
<br /> So, what's being planned to help relieve this Jan.-Dec. #of Customer kWh Rebates/incentives
<br /> 2013 Participants Savings Saved Paid to Customers
<br /> constraint? First, ISO New England, the organization Low Income 45 $14,408.00 72,040 $104,723,26
<br /> charged with operating the region's electrical grid,
<br /> introduced a "Winter Reliability Program." During Residential 547 $146,982.40 734,912 $418,181.19
<br /> particularly cold periods of winter 2012/2013, there Commercial 66 $142,019.40 710,097 $350,945.20
<br /> were periods when, because of the increased use of Total 658 $303409.80 1,517,048 $873,849.65
<br /> natural gas for heating,dual-fuel generators,or facilities Funding for the energy efficiency programs(i.e.
<br /> that can burn natural gas or oil to generate electricity,
<br /> energy audits for homes and businesses,rebates on the
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