Government or Municipal Energy Aggregation (MEA) laws allow local governments to combine the purchasing power of their entire community to achieve savings on electricity costs. In some markets MEA is also called Community Choice Aggregation.
Large businesses have been taking advantage of deregulation for decades, utilizing the competition that arises from multiple suppliers all fighting for their substantial usage, which drives down prices. Competition should work for consumers too, but a typical account only uses 10,000 kWh per year compared to a large factory at 50,000,000 kWh. One small business or individual on its own is too small to get the attention of suppliers or be able to negotiate the best possible savings.
Aggregation allows you to combine the electrical loads of 5,000 households and small businesses to equal the same sized load as a large business. This aggregated load of an entire community is very attractive to suppliers – an advantage which produces substantial savings and terms.
Benefits MEA offers consumers and community members:
- An energy choice that reflects their goals and values without the tax burden of maintaining an aging delivery system
- Communities can choose their electricity supply including renewable energy components to further the community’s sustainability goals
- Aggregation allows for reinvesting in local communities by providing funding for installing electric vehicle charging stations, energy efficiency rebates, solar rebates, and supporting local not-for-profit organizations
- Local program optimization such as the development of a community owned solar garden and other sustainable goals
Watch this informative video and Contact us to get information on how to get started forming your own MEA program.