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Dayton, OH Selects Supplier For Opt-Out Aggregation
The City of Dayton, Ohio has selected IGS Energy as the supplier for the city's opt-out electric aggregation program.
The aggregation program's initial price term will begin in August or September of 2016, depending on a customer's bill cycle, and continue through May 2017. Subsequent terms may be effective through the May 2019 bill cycle, subject to the city and IGS agreeing on future prices.
A guaranteed savings rate has been established for the initial price term. The rate for eligible residential customers will be a 10% savings off Dayton Power & Light's (DP&L's) Price to Compare (PTC) for those who: 1) live in Dayton City proper, 2) who haven't already chosen an alternative electricity supplier, and 3) who are current on their DP&L utility bill.
The rate for commercial customers will be a 5% savings off DP&L's PTC. Eligible commercial customers must be non-mercantile commercial customers using less than 700,000 kWh annually and meet the criteria listed above.
The subsequent years' offers (June 2017 thru May 2018 and June 2018 thru May 2019) will be consistent with a guaranteed savings plan, but will be negotiated prior to each year's start, the city said. If IGS Energy and the City of Dayton cannot come to agreements on appropriate pricing plan options, the contract will be null and void and the customer accounts will be sent back to the utility.
Depending on the opt-out rate, the aggregation could serve 35,000 residential customers
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June 2, 2016
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Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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