Mansfield Municipal Electric Department (MMED), the consumer-owned municipal utility serving the community of Mansfield, is pleased to announce a rate reduction across all customer classes beginning July 1, 2020.
On Wednesday, April 29th, the MMED Board of Light Commissioners voted to approve a 5% rate reduction for all Mansfield Electric customers. The new rates are the result of adjusted purchase power charges that reflect projected decreases in power costs for the non-profit light department.
The residential energy charge will drop from 11.65 cents per kilowatt hour to 10.97 cents per kilowatt hour. The commercial energy charge will be reduced from 14.59 cents to 13.86 cents. The new residential rate and commercial rate are 45% and 30% lower than current National Grid rates, respectively. Other rate classes will see reductions as well.
MMED is proud to offer some of the lowest electric rates in the state. The new residential rates will go into effect July 1 and prospectively rank the utility second lowest in Massachusetts, compared to current rates of other state utilities.
Joe Sollecito, General Manager of MMED, is thankful to both Mansfield Electric employees and the Board of Light Commissioners.
“Our staff and Board of Light Commissioners are dedicated to providing the best service at the lowest cost to our customers.” Sollecito said. “During this time of uncertainty, we want our customers to know we are committed to keeping our rates as affordable as possible.”
Mansfield Electric was established in 1903 and is one of 40 publicly owned electric utilities in Massachusetts.