Mayor Wu to Announce Partnership With Local Utility Companies to Reduce Energy Costs for Residents

Mayor Michelle Wu is poised to announce the Boston Energy Saver program during her State of the City Address, a groundbreaking initiative aimed at reducing energy costs for residents and small businesses. This program, in collaboration with Eversource and National Grid, will help participants access financial incentives to upgrade their energy systems and lower bills. A Memorandum of Understanding outlines a target of installing 5,000 heat pumps and weatherizing 10,000 buildings from 2025 to 2027. With an estimated mobilization of $150 million in investments, the program promises to yield approximately $300 million in benefits for Boston residents. Mayor Wu highlighted the importance of making energy efficiency accessible to families and small businesses, particularly those facing high energy costs.

The initiative prioritizes communities historically burdened by energy inequities, ensuring a just transition towards sustainable energy solutions. Brian Swett, Chief Climate Officer, emphasized that energy affordability is crucial to the city's climate strategy. The Boston Energy Saver program will be a one-stop access point for energy upgrades, focusing on small residential buildings and commercial spaces.