As a result, the effective supply rate increased by approximately 15% in FY26 to $0.139 per kWh, and some of these increases will continue to affect FY27 costs. Total electricity supply costs are projected to be $2.1M, or 45% of the electricity budget. • The electricity budget is partially offset by several program revenues o $25,000 - Early Morning Program fees (elementary school parents pay tuition for early drop-off) o $42,326 - Food Services reimbursement for facility usage These offsets reduce the net electricity utilities budget to $4.719 million, an increase of approximately $941,813.
Historical Average Electricity Delivery Rate Changes
0.20
60%, 0.18
0.18
18%, 0.15
-5%, 0.17
0.16
5%, 0.16
0.14
6%, 0.12
-22%, 0.13
0.12
3%, 0.11
-5%, 0.11
1%, 0.10
-1%, 0.10
4%, 0.11
4%, 0.11
-9%, 0.11
0.10
10%, 0.11
1%, 0.10
-2%, 0.10
0.08
FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27
Natural Gas The Gross FY27 natural gas budget is $2.372 million, an increase of $121,252 (5%) over the FY26 budget. Natural gas usage has remained relatively stable in recent years, though overall consumption will gradually decline as buildings transition to electric systems. Key factors affecting the FY27 gas budget include: • Following construction completion in summer 2025, 150 Jackson Road (Lincoln-Eliot School) became a fully electric building beginning in September 2025, significantly reducing the district’s natural gas usage. • In November 2025, the district entered a new gas supply contract at a rate of $0.8132 per therm, representing a 17% decrease from the previous contracted rate of $0.978 per therm. This rate is expected to remain fixed for the next four years. Total gas supply costs are projected to be $1.04M, or 44% of the natural gas budget.
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