Cincinnati Selects Retail Supplier for Natural Gas Aggregation

The City of Cincinnati has selected Constellation to provide monthly variable-rate natural gas supply to more than 69,000 Cincinnati residents and small businesses under the city's opt-out aggregation

Under the terms of the agreement, the program’s monthly variable rate is based on the New York Mercantile Exchange price for natural gas plus a fixed charge of $0.1163 per one hundred cubic feet (Ccf). Residents will be charged a $0.65 administration fee per month. At points during the 24-month agreement, if the city determines market conditions are favorable, the program rate may be converted to a fixed rate.

Natural gas supply under the new agreement is scheduled to begin with October 2015 meter reads and continue through September 2017.

Additionally, residents age 65 or older who participate in the aggregation program may opt to receive a discount of $0.01 per Ccf off the monthly variable rate or any applicable fixed rate by contacting Constellation.