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CCRTA supplied the Mashpee Council on Aging which resulted in lower and more stable electricity with one Mobility Assistance Program(MAP)vehicle pricing overall. Worth noting is that, unlike in years that provided 2,318 rides from July 2016 to June 2017. past, residential and commercial pricing for June through December was higher than for January through Route maps,schedules,fares,Google Transit Trip June due to increased capacity market costs beginning Planner and the latest news about Cape Cod public in June 2017.The capacity market is managed by New transportation services are provided at England's bulk power grid operator,ISO New England, www.capecodrta.org, as well as links to many other and is designed to ensure that enough electric transportation resources. generation capacity is built and available to provide power when called upon to meet peak demand. Capacity market costs are paid for by all New England electricity customers through their power supply prices. Report of the The most notable change in the Compact's power Cape Light Compact supply program is that,in January 2017,the Compact went 100% green! Being a green aggregation means that 100% of Compact's power supply customers' To the Honorable Board of Selectmen and the annual electricity usage is met with renewable energy Citizens of the Town of Mashpee: certificates (RECs). Each REC represents the generation of 1 megawatt hour(1,000 kilowatt hours) The Compact is a key player in implementing a of electricity produced by a renewable resource,such as successful energy efficiency program in Mashpee and wind or solar.By retiring RECs to match the Compact's across the Cape and Vineyard while assuring customers usage, Compact customers are financially affordable energy for our residents and businesses. I supporting renewable energy resources, including look forward to continuing this important work on resources located on Cape Cod and southeastern behalf of the Town of Mashpee. Massachusetts. Mashpee Representative—Wayne Taylor The Compact also selected a new residential supplier, NextEra Energy Services of Massachusetts Cape Light Compact JPE is an intergovernmental (NextEra), who has been serving the Compact's organization consisting of the 21 towns on Cape Cod and Martha's Vineyard and Duke's County. The commercial customers since 2014, which means that all of the Compact's residential, commercial, and Compact's mission is to serve our 200,000 customers industrial customers are now served by NextEra. In through the delivery of proven energy efficiency addition to being the Compact's green aggregation programs,effective consumer advocacy,and renewable supplier,NextEra pledged to deposit all premiums paid competitive electricity supply. for RECs,plus their supplier and retail fees (expected Effective July 1, 2017,the Cape Light Compact to total over $3 million per year), into a trust fund to be used solely for the development of new renewable reorganized and reconstituted itself as a joint powers energy resources. Now, by purchasing electricity entity pursuant to Massachusetts General Law Chapter through the Compact, all Compact power supply 40 Section 4A1/2, becoming the first joint powers customers are supporting renewable energy and acting entity in Massachusetts. Reorganizing as a joint locally to combat climate change. The Compact is powers entity protects member towns from potential proud that our residential price under the new green liabilities and mandates greater financial accountability aggregation program was lower than Eversource's through expanded reporting requirements to the basic residential pricing for all of 2017. Massachusetts Department of Revenue and member Towns, and designation of Treasury functions to an At the regional market level, despite stable independent entity. pricing this year, New England continues to face POWER SUPPLY electricity pricing challenges associated with the Electricity pricing in 2017 was less volatile than limited pipeline capacity that delivers natural gas to electric generators,which supply over fifty percent of prior years due to relatively stable natural gas prices, New England's electricity. The pipeline constraint is 96