Colonial Power Group
Colonial Power Group is a Massachusetts municipal energy consulting firm that helps cities and towns design and administer Community Choice Power Supply aggregation programs, charging a per-kWh consultant fee for competitive bid solicitation and ongoing administration across roughly 90 municipalities.
- Company typePrivate
- Founded2002
- HeadquartersMarlborough, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Colonial Power Group does
Colonial Power Group, Inc. is a privately held Massachusetts energy consulting firm founded in 2002 and headquartered in Marlborough, MA. The company specializes in municipal aggregation consulting, helping cities and towns design, implement, and administer Community Choice Power Supply Programs (also known as Municipal Aggregation) under Massachusetts General Laws Chapter 164, Section 134. Its core service encompasses program formation, competitive bid solicitation from electricity suppliers, ongoing program administration, community education, and rate-stabilization support. Colonial acts as an independent intermediary between municipal governments and competitive electricity suppliers such as Dynegy Energy Services, First Point Power, and Constellation New Energy, while coordination continues with distribution utilities (Eversource, National Grid, Unitil) that handle delivery.
The firm generates revenue through a per-kilowatt-hour consultant services fee of $0.001/kWh charged to municipalities for facilitating aggregation programs, with an additional optional $0.001/kWh Municipal Services Fee sometimes layered on to fund municipal energy manager roles. Programs are opt-out by design, automatically enrolling Basic Service consumers within participating communities. Colonial's disclosed customer base spans roughly 90 Massachusetts municipalities across Berkshire, Franklin, Hampden, Middlesex, and Essex counties, including the City of Springfield (155,000+ consumers), City of Lowell, City of Newburyport, City of Pittsfield, and Town of Williamstown, with contract durations typically spanning 24-48 months and including varying Massachusetts Class I REC renewable content tiers.
The business operates with a lean headcount of 1-10 employees led by President Mark Cappadona, and positions itself as an independent consultancy rather than a technology vendor, with no disclosed software product, API, or AI/ML capabilities. Value proposition centers on competitive pricing (claimed up to 10% below Basic Service rates), price stability through long-term fixed-rate contracts, customizable renewable content, and consumer-friendly opt-out terms. The company does not advertise geographic expansion beyond Massachusetts and has no public funding, M&A, or partnership-with-platform activity, reflecting a stable, niche-focused professional services model in a regulatory-defined market.
Colonial Power Group firmographics
Firmographics- Name
- Colonial Power Group
- Legal name
- Colonial Power Group, Inc.
- Website
- https://colonialpowergroup.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Colonial Power Group is a Massachusetts municipal energy consulting firm that helps cities and towns design and administer Community Choice Power Supply aggregation programs, charging a per-kWh consultant fee for competitive bid solicitation and ongoing administration across roughly 90 municipalities.
- Ownership category
- akta.pro rank
Colonial Power Group industry classification
Industry- Product category
- Energy Consulting Services
- NAICS
- Business, Professional, Labor, Political, and Similar Organizations (8139)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Community Choice Aggregation (CCA) / Municipal Aggregation Retail Supply (EUAGABAF)
Keywords
Where Colonial Power Group is headquartered
LocationHeadquarters
- HQ city
- Marlborough
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Colonial Power Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Consultant Services Fee: Colonial Power Group charges a consultant services fee of $0.001 per kWh to facilitate municipal aggregation programs. Additionally, municipalities may charge a Municipal Services Fee (e.g., $0.001 per kWh) to fund personnel costs associated with the City's Energy Manager.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Consultant Services Fee - $0.001 per kWh |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Colonial Power Group product offering
Product offeringCore offering
Colonial Power Group is an independently owned Massachusetts consulting firm that helps municipalities design, implement, and manage Community Choice Power Supply Programs (Municipal Aggregation). The firm assists local governments with competitive electricity supplier solicitation, program design, community outreach and education, and ongoing program administration.
Product overview
Colonial Power Group is a municipal aggregation consulting firm that provides a single unified service offering: helping Massachusetts municipalities design, implement, and manage Community Choice Power Supply Programs. The company works with local governments to aggregate consumer electricity loads, solicit competitive bids from power suppliers, and provide ongoing program administration and education. The core offering is consulting and management services for municipal aggregation programs that result in competitive pricing, rate stability, and savings opportunities for communities. The company does not offer distinct software products or modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Municipal Aggregation Consulting (Community Choice Power Supply Programs) End-to-end consulting service for Massachusetts municipalities to establish and operate Community Choice Power Supply (Municipal Aggregation) Programs. Covers program design, competitive electricity supplier solicitation, public outreach and education, opt-out notification management, and ongoing program administration. Targeted at city and town governments seeking to aggregate resident and business electricity load for competitive procurement.
Quantifiable outcome
- 79% of CCE programs achieved savings vs Basic Service rates, averaging $93/household/year ($70 million statewide)
- +2 more outcomes
Companies that use Colonial Power Group
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
Colonial Power Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Colonial Power Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- 14 Franklin County Towns (including Sunderland, Leverett, etc.)core14 Franklin County towns partnered with Colonial Power Group for municipal energy aggregation program. Entered into 24-month energy aggregation contract with Dynegy Energy Services. Towns include Conway, Charlemont, Leyden, Heath, Colrain, Florida, Hawley, Leyden, Northfield, Orange, Warwick, Wendell, Buckland, and Shelburne.
- Dynegy Energy ServicescoreDynegy Energy Services (Dallas, TX) is the electricity supplier for multiple Colonial Power Group client municipalities including Franklin County towns and Pittsfield. Provides power supply under municipal aggregation contracts.
- First Point PowercoreFirst Point Power (Cranston, RI) serves as electricity supplier for numerous Berkshire County and other Massachusetts communities including Williamstown, Sheffield, Pittsfield, Dalton, Lenox, Cheshire, Becket, and Sandisfield.
- Constellation New EnergycoreConstellation New Energy provides electricity supply for Newburyport's Community Choice Power Supply Program under 24-month contract locking in rates of $0.14809/kWh (later renegotiated to $0.13747/kWh with Dynegy).
- National GridcoreNational Grid is the primary electricity distribution utility for many Colonial Power Group client communities. Continues to deliver electricity while aggregation programs manage supply procurement.
- EversourcecoreEversource is the electricity distribution utility for communities including Pittsfield, Dalton, and Springfield. Colonial aggregation programs manage supply while Eversource handles delivery services.
- UnitilminorUnitil is a distribution utility for some Massachusetts communities served by Colonial Power Group aggregation programs.
Scale indicators4 records
Recent moves6 records
Expansion highlights3 records
Colonial Power Group competitors and assessment
Company assessmentDirect peers
- Good Energy: Good Energy is one of the largest U.S. municipal aggregation consultants, serving cities and counties across multiple states. It is the most direct competitor to Colonial Power Group in delivering Community Choice Aggregation programs to municipal clients.
- Competitive Energy Services (CES): Competitive Energy Services provides municipal aggregation, energy procurement, and sustainability consulting to cities and towns, primarily in the Northeast. It directly competes with Colonial Power Group for Massachusetts and New England municipal contracts.
- Peregrine Energy Group: Peregrine Energy Group is a Massachusetts-based energy consulting firm specializing in municipal aggregation, energy procurement, and clean energy planning for cities and towns. It is a regional direct peer with overlapping service offerings in Massachusetts.
- Retail Energy Solutions (RES): Retail Energy Solutions provides municipal aggregation consulting and energy procurement services to communities across the U.S. It competes with Colonial for Community Choice Aggregation engagements and shares the same independent-broker positioning.
Broad incumbents
- Leidos: Leidos provides energy consulting and program management to public-sector clients, including municipal and state energy procurement initiatives. It is a broad incumbent comparable in end-customer segment (government) if not in narrow CCE specialization.
- Cadmus: Cadmus is a large energy and sustainability consulting firm that advises municipalities on energy procurement, including aggregation programs. It is a broad incumbent with deeper resources but less focused exclusively on CCE than Colonial.
- ICF International: ICF International is a major advisory firm providing energy consulting, including municipal aggregation and procurement support to public-sector clients. It competes on larger, more complex engagements where Colonial may lack capacity.
Regional players
- Energy New England: Energy New England is a regional energy services cooperative that provides aggregation and procurement services to municipal utilities and public entities in New England. It is a regional adjacent peer operating in overlapping New England territory but structured as a member-owned cooperative.
Others
- First Point Power: First Point Power is a retail electricity supplier that serves as a supply partner on many Colonial Power Group municipal aggregation contracts. It is an ecosystem participant — both a counterparty and potential channel conflict — rather than a direct consulting competitor.
- Dynegy Energy Services: Dynegy Energy Services (an Vistra brand) is a retail electricity supplier that supplies power under multiple Colonial-administered municipal aggregation programs. It is a supply-side ecosystem partner rather than a consulting competitor.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Colonial Power Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Colonial Power Group leadership team
Management profileNumber of profiles
Profiles1 record
Colonial Power Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Colonial Power Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Colonial Power Group
What does Colonial Power Group do?
Colonial Power Group is an independently owned Massachusetts consulting firm that helps municipalities design, implement, and manage Community Choice Power Supply Programs (Municipal Aggregation). The firm assists local governments with competitive electricity supplier solicitation, program design, community outreach and education, and ongoing program administration.
Is Colonial Power Group a public or private company?
Colonial Power Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Colonial Power Group founded?
Colonial Power Group was founded in 2002. It employs 1 to 10 people.
Where is Colonial Power Group based?
Colonial Power Group is headquartered in Marlborough, United States, in the North America region.
How does Colonial Power Group make money?
One revenue line is on record: consultant Services Fee.
Who are Colonial Power Group's main competitors?
Direct peers on record are Good Energy, Competitive Energy Services (CES), Peregrine Energy Group and Retail Energy Solutions (RES). Broad incumbents are Leidos, Cadmus and ICF International. Energy New England is listed as a regional player. Others are First Point Power and Dynegy Energy Services.
Does Colonial Power Group have an API?
No public API is recorded for Colonial Power Group.
What industry is Colonial Power Group in?
Colonial Power Group's product category is Energy Consulting Services. Its primary akta.pro industry code is EUAGABAF, Community Choice Aggregation (CCA) / Municipal Aggregation Retail Supply. Its NAICS code is 8139 and its SIC code is 4911.