ELECTRIC AGGREGATION NOT RENEWING

The current Community electric aggregation program expires in December 2022. The goal for Energy Alliances, the Community's energy consultant, was to find an alternative supplier able to beat Duke Energy Ohio's default generation rate of 6.38 cents per kWh before the program's expiration. After thorough analysis, Energy Alliances did not find a supplier that could compete with Duke Energy Ohio's rate and suggested to the Community that they not renew the electric aggregation program at this time.  In an effort to look out for the best interest of the Community and its residents, Energy Alliances recommended that all the accounts on the program go back to Duke Energy Ohio's default generation rate at the program end in December 2022.

Energy Alliances will continue to watch the  market and plans to bring options to the Community if they see a favorable alternative. The earliest the program would return is likely Spring of 2023.