Program prices

Nantucket PowerChoice offers two options. Participation in either option supports the Nantucket Local SOLAR Rebate Program and the development of new residential solar electricity projects on Nantucket.

  • As a new participant, you will be automatically enrolled in the PowerChoice Standard option.
  • The PowerChoice Green option is available by request and provides 100% of your electricity from renewable sources.

As a participant in Nantucket PowerChoice, your electricity supplier will be First Point Power, and:

  • If you are eligible for a low-income discount or fuel assistance, you continue to receive that benefit as a participant in Nantucket PowerChoice.
  • If you have National Grid’s Budget Billing, it continues to apply to your whole bill.
  • If you receive credits on your bill or you receive an incentive payment because of solar panels on your property or because of participating in community solar, you will continue to receive your credits or incentive payments with no change in their calculation.

New prices will take effect in November 2024

Nantucket PowerChoice prices will change in November 2024. The new prices will be fixed until November 2026.

PowerChoice Standard

PowerChoice Standard

11.065 ¢/kWh – current price

13.967 ¢/kWh – new price beginning in November

Receive the lowest price in the program while also supporting local renewable energy investments.
Renewable energy content detail.

Choose PowerChoice Standard

 

PowerChoice Green

PowerChoice Green

14.001 ¢/kWh – current price

16.847 ¢/kWh – new price beginning in November

Receive 100% of your electricity from renewable sources while also supporting local renewable energy investments.
Renewable energy content detail.

Choose PowerChoice Green

Please note: Some large commercial accounts may not be eligible for program pricing at the time of enrollment and may instead be offered market pricing.

Compare to National Grid

Nantucket PowerChoice offers long-term prices, but National Grid’s prices change seasonally. It is normal for Nantucket’s prices to be lower than National Grid’s sometimes and higher at other times. The goal of Nantucket PowerChoice is to provide savings when compared with the average of National Grid’s changing prices. Use the price calculator to compare Nantucket PowerChoice with an average of National Grid’s recent prices.

National Grid's Basic ServiceCurrent National Grid prices

16.029 ¢/kWh – residential
14.796 ¢/kWh – commercial
17.429 ¢/kWh – industrial
November 1, 2024 – January 31, 2025

Receive the minimum amount from renewable sources required by law. Renewable energy content detail.