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Trustees authorize one‑year electric aggregation agreement as Duke rates climb

2290964 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustees approved giving the administrator authority to sign a one‑year electric aggregation contract after a market review showed Duke Energy’s price‑to‑compare likely rising; Energy Alliances told the board the new term should preserve savings for township residents.

Fairfield Township trustees authorized the township administrator Tuesday to enter into a one‑year electric aggregation contract to prevent a lapse in a community aggregation program, officials said.

Mr. Deaters of Energy Alliances briefed the board on market conditions and a recommended one‑year term. “The Duke price to compare is headed north, probably north of 10¢ in, the next 1 year term,” Mr. Deaters said, and he said the offer the company was…

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