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Bexley officials weigh May start for electricity aggregation amid likely one-month price spike
Summary
City staff and energy consultants told council a May start for Bexley's community aggregation could mean one month with higher bills versus AEP but lower prices for the remainder of the contract; council left final action for a third reading scheduled in two weeks.
BEXLEY ' City officials and outside energy consultants on Monday discussed the trade-offs of when to start the city's electricity aggregation program, saying a May launch could produce a single month of higher generation charges versus the regional utility AEP but likely lower prices for most of the contract term.
City staff and the consultant urged the council to consider a 13-month contract window so residents would see a brief price increase followed by lower prices for the remaining months. "There's no fees during this whole program. It's still an opt out program," the consultant said, adding that customers can opt out if they prefer AEP.
The conversation focused on three practical uncertainties: AEP's upcoming auction-driven published rate (the consultant said AEP's June auction looks likely to…
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