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Euclid approves 13‑month electric aggregation supply agreement with DynaG Energy
Summary
Council passed an emergency ordinance authorizing negotiation of a power-supply agreement with DynaG Energy Services East, LLC for the city’s electric aggregation program; consultant recommended a 13‑month term and a rate in the mid‑7¢ per kWh range.
Euclid City Council voted on Jan. 6 to authorize the mayor or her designee to negotiate a power‑supply agreement for the city’s electric aggregation program with DynaG Energy Services East, LLC, following a consultant recommendation for a shorter, 13‑month contract in response to current market conditions.
Eric Burns of Independent Energy Consultants, Inc., the city’s consultant on aggregation, told council the firm solicited bids and recommended a 13‑month term because energy markets have shifted since…
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