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Worthington renews 12-month electric aggregation plan, keeps 100% renewable offset option
Summary
Council adopted a resolution authorizing a 12-month electric supply agreement under the city aggregation program, maintaining a 100% renewable energy certificate offset and an opt-out at no cost for residents.
The Worthington City Council voted March 17 to authorize the city manager to enter a 12-month electric supply agreement for the city’s residential and small-business electric aggregation program and to continue providing a 100% renewable energy certificate (REC) offset option.
City consultant Rich Shreyes (Energy Alliances) told council that since the program began six years ago the average enrolled resident has saved about $752 compared with the default utility rate and that the community-wide savings are roughly $3.5 million. He said a major upward pressure on near-term prices is the wholesale capacity component, which has risen sharply in recent auctions and is likely to remain elevated for one to three years; that factor led the consultant to recommend a one-year contract rather than a multi-year lock.
The resolution preserves consumer protections discussed at past meetings: no early-termination fee for participants who opt out, net-metering handling for customers with rooftop generation, and budget-billing options. Council also authorized the city manager to sign an agreement consistent with the resolution’s criteria rather than a single fixed price shown in the presentation, allowing staff to reflect market changes when executing the contract.
Council moved to adopt the resolution; Council Member Herman made the motion and Council Member Lloyd seconded. The resolution passed by voice vote.
Why it matters: rising capacity costs across the PJM region are increasing retail electric prices. The 12-month term gives the city flexibility to rebid sooner if market conditions improve while keeping a 100% REC option for residents who want a full renewable offset.
