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Residents raise questions as City of Waterville plans switch in electricity aggregation to Dyna G
Summary
At a City of Waterville council meeting, a resident questioned why the city's electricity aggregation would move to Dyna G at a higher fixed rate; city staff explained the bid process, opt-out options and projected short-term market risks.
A Waterville resident and several council members pressed city officials on the proposed electricity aggregation contract that would change the city’s generation supplier to Dyna G and lock a fixed rate for 12 months.
Resident Mark A. Dickey said he believed Energy Harbor is the current generation supplier and said he could not find clear public information about the proposed switch. “They're proposing we go to Dyna G ... I think a lot of people ... are wondering why we're going to a company that is a higher rate than what we currently have,” Dickey said, noting Energy Harbor’s 12-month offer he found online as lower than the Dyna G bid.
City staff addressed the procurement and market context. The staff member explained that the city is…
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