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Hopkinton Today for Tuesday, Feb. 3: Town sees early savings from Hopkinton Power Choice program

by | Feb 3, 2026 | Featured: Features, Hopkinton Today

Good morning, Hopkinton! Welcome to the daily update we call Hopkinton Today — a quick recap of yesterday’s news, highlights of what’s on tap, and a photo of the day.

Early reports indicate energy savings for residents

Hopkinton Power Choice logo

Hopkinton residents already are saving money through the town’s municipal power plan, according to the Sustainable Green Committee.

During an SGC meeting Monday night, chair Geoff Rowland informed the committee that he had reviewed early reports regarding Hopkinton Power Choice, the town’s municipal aggregation plan.

“So far, we’ve saved residents over $50,000,” Rowland announced.

The aggregation plan allows towns, rather than individual customers, the ability to purchase electricity from a supplier. This group purchasing power reportedly allows access to cleaner energy, new electricity choices and stable prices. Under Hopkinton Power Choice, electricity prices are fixed under long-term contracts.

Hopkinton’s aggregation plan was approved last March by the Massachusetts Department of Public Utilities. The town officially launched Hopkinton Power Choice in September.

Rowland cautioned that a full report on the savings was forthcoming, but these early numbers were a strong indication of the program’s success. “Aggregation plans almost always save residents money for the towns that adopted them,” he added.

The news comes as utility providers such as Eversource are set to increase their rates. According to Eversource’s website, rates will increase from $0.14884 to $0.15629 per kilowatt-hour (kWh) over the next six months. Meanwhile, the standard option under Hopkinton Power Choice will remain at $0.14590/kWh.

Rowland added that future savings would “skyrocket” versus the first three months of the program as the town’s prices stay in place.

Energy issues are a key concern for both the town and the commonwealth. Gov. Martha Healey filed an energy affordability bill last May that aims to save ratepayers $10 billion over the next 10 years. Disruptions to the state’s offshore wind projects and managing the costs of regional sources of power continue to be a focus of the Executive Office of Energy and Environmental Affairs, according to a WBUR report.

— NICK SCHOFIELD

Latest News

This week’s Real Estate Transactions list shows four sales, including two for $1.7 million.

The Hopkinton Women’s Club will host its next monthly meeting on Monday at the Hopkinton Public Library.

Town meetings tonight include the Appropriations Committee (5), Board of Assessors (5:30), Select Board (6), Design Review Board (6) and Historical Commission (7).

Photo of the Day

A snowman sits on a bench at Hopkinton State Park.

Snowman Hopkinton State Park

PHOTO/JERRY SPAR

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