MIDDLEBORO — The Middleborough Gas and Electric Department announced a new power purchase agreement with FirstLight Power, a leading provider of clean energy and energy storage resources on Wednesday, Nov. 1.

Through the agreement, The Middleborough Gas and Electric Department (MGED) will purchase 35.3 percent of the output of hydroelectric power and equivalent renewable energy credits from FirstLight’s Shepaug Generating Station in Connecticut, the state’s largest source of renewable energy.

The power purchase agreement spans from 2027 to 2040 and will advance MGED’s strategy of keeping rates affordable for its customers while adding even more carbon-free electricity to its power portfolio.

MGED entered into its first power purchase agreement with FirstLight Power in 2019 and in 2021 they extended the agreement to 2040. 

With this new agreement, MGED is further growing the carbon-free portion of their energy mix, well exceeding Massachusetts’ requirement for municipal utilities to obtain 50 percent of their power supply from carbon-free sources by 2030.

“MGED’s mission is to provide energy in an economical, reliable, safe and environmentally conscious manner, a mission driven by the priorities of our customers,” said Jackie Crowley, General Manager at MGED. “This deal helps us to do just that – we can ensure the reliable delivery of clean energy through 2040 as we work to keep customers happy and reach the MGED Board’s commitment of net-zero emissions by 2050.”