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Doug Smith

City renewable energy electric aggregation locked in $0.06935 for two years

In my previous article about the city’s aggregation program (here), I highlight the program’s lifetime savings by using 100% renewable energy, and project the increase of utility rates across the market.


This month, we secured the terms for our next two-year contract (July 2023 through June 2025). The city is locked in to $0.06935 per kWh for two years while the July 2023 rate for AEP Ohio’s standard use is $0.115 per kWh. That’s nearly 40 percent savings.


The new term begins July 2023 and all city residents are automatically enrolled in the program unless they have an existing third-party contract with a different provider. The city program is opt-out at any time.

Additionally, the 100 percent renewable energy will come from wind farms in Iowa and Texas.


Council Member Robinson and I spearheaded this program five years ago and placed it on the ballot with approximately 75 percent voter approval.


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