The city and aggregation partner Energy Alliances selected Dynegy Energy Service as the electric generation supplier for customers. Options for both renewable and traditional power were available, both at rates below projected AEP summer rates of $0.115/kWh. Final rates will be locked in once a signed contract is returned to Dynegy.
As of March 23, proposed rates were:
- AEP Ohio customers – $0.0675/kWh
- Ohio Edison customers – $0.660/kWh
- AEP Ohio customers – $0.0712/kWh
- Ohio Edison customers – $0.698/kWh
‘Renewable’ energy in this case means that 100% of power generated will be offset with the purchase of Renewable Energy Credits (RECs).
“I definitely want the renewable,” said Mayor Kay Riggle. “I’ve said it all along. I believe in our future. And I think this is the way to help our globe. We’ve got to protect our kids, our grandkids, and so on down the line.”
The ordinance selecting Dynegy Energy Service was passed by City Council under an emergency declaration. That means it goes into effect immediately. That emergency was declared in order to to move the process along before AEP Ohio price increases take effect in June.
Aggregated customers will have renewable energy selected by default, but individual can opt out and select traditional power at any time.
Several steps need to take place before aggregation takes effect in Delaware.
- Week of April 3rd – Opt-Out Materials Filed with PUCO
- Mid-April – Opt-Out Letters mailed to Eligible* Accounts
- Mid-May – 21 Day Opt-Out window closed
- June Meter Read Date – Accounts that do not opt-out are enrolled in program
- July Utility Bill – Aggregation rate / supplier reflected on bill