Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County energy aggregation pricing set for 12-month refresh as market rates rise
Summary
Palmer Energy told the Hocking County commissioners that the county's electric aggregation contract, set to expire in December, will need a 12-month renewal and same-day signature to lock pricing amid market increases; bids returned at roughly 9.02¢–9.27¢ per kWh versus a prior 6.58¢ rate but still below AEPstandard service offer.
Hocking County commissioners heard a presentation Sept. 4 from Phil Dysart of Palmer Energy about renewing the county's electric aggregation agreement, which covers roughly 2.5 million meters in the townships and is due to expire in December.
Dysart said the prior contract averaged about "6.58¢ per kilowatt hour" and produced savings for participating residents and small businesses. After an RFP in August, Dysart said bids returned from two suppliers — Dynegy and Constellation — at approximately "9.02¢" and "9.27¢" per kilowatt hour, respectively. He noted those prices are higher than the earlier contract because "the market has…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
