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Caucus discusses locking in lower electricity rate for city accounts; legislation planned
Summary
City staff reported a potential one-year contract to secure lower electricity pricing for 19 city accounts, projecting roughly $5,000 in savings; council asked for legislation to be prepared for formal consideration.
City staff told the Struthers City Council caucus on Dec. 30 that an opportunity exists to lock in a lower electricity supply price for 19 municipal accounts and recommended bringing legislation to council to authorize a one-year contract.
An unidentified utilities staff member explained the city expects Ohio Edison default supply to be about 10 cents per kilowatt-hour this summer and about 9 cents next winter, while the city's current…
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