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November 15, 2019

PowerOptions CEO Arcate retires

By Matt Pilon

A Boston-based energy nonprofit that has made inroads into Connecticut over the past few years has named a new CEO, following the retirement of its leader of the past decade.

PowerOptions, which acts as an energy buying consortium for more than 400 nonprofits and local governments, including some in Connecticut, said CEO Cynthia Arcate will retire effective Jan. 1. She will be succeeded by  Heather March Takle, who has worked in various roles at energy firms like Ameresco and Patriot Energy. Most recently, since 2017, Takle had led her own consulting firm called 2ndPath Energy. She previously served as a logistics officer in the U.S. Marine Corps.

Cindy Arcate has overseen a decade of impressive growth, leaving the organization with solid financials, favorable electricity and natural gas supply offerings and strong partnerships that provide cutting-edge services to our members,” Christine C. Schuster, chair of the PowerOptions board of directors, said in a statement. “Heather is precisely the person to take the helm and build upon the achievements of Cindy and the team.”

PowerOptions has been targeting the Connecticut market of late. It opened a Rocky Hill office, signed several nonprofit customers, and inked an electric vehicle charging partnership with an Enfield firm.

In recent legislative sessions, PowerOptions has lobbied Connecticut lawmakers unsuccessfully to ease the state’s procurement rules to allow municipalities to avoid having to conduct their own formal solicitations to buy energy.

The Connecticut Conference of Municipalities has argued that the change is unnecessary. 

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