Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Energy Aggregation topic
No spam. Unsubscribe anytime.
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 part of a northwest Ohio aggregation coalition that solicited bids for the group; the consultant representing the group recommended Dyna G on a 12‑month fixed price of 9.75¢ per kilowatt-hour based on the bids received. The staff member said the coalition represents roughly 495,000 people and about 1.4 billion kilowatt-hours annually, and that six providers responded to the bid.
The staff member noted the current municipal generation contract with Energy Harbor is at 6.3¢ per kilowatt-hour through June 2025 and that Toledo Edison’s standard-service, or price-to-compare, was about 8.04¢ and is expected to vary. “We lock in a lower rate for 12 months, the market prices increase, and then we can go back out and get a better rate,” the staff member said, summarizing the consultant’s reasoning.
Council members and staff emphasized that enrollment in the aggregation is automatic for customers unless they opt out. The staff member said there is no early termination fee to leave the aggregation and that customers defaulting out would revert to standard service from Toledo Edison (a variable rate that staff said has moved between 8¢ and 11¢ in the recent past). The staff member also said customers who leave for another provider may return to the aggregation pool later without a termination penalty.
Council members asked for clearer public communications. Vice Mayor Mary Duncan asked staff to “put it in the mirror as plainly as you can so that we can refer to it,” and Council member John Rosick and others urged a clearer, plain-language notice to residents about how to opt out and what the consequences would be.
The staff member said voters previously approved the opt-in aggregation in a February ballot measure; the staff member also noted a 25% green-energy option is available at a slightly higher price (quoted in the discussion as 9.89¢ per kilowatt-hour). The staff member said the coalition’s recommended approach was a one-year fixed contract to limit immediate exposure to market volatility and allow the group to rebid sooner if market conditions improve.
No ordinance or final contract award was taken at the meeting; council discussion centered on public outreach and clarifying opt-out instructions for residents.
