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Grandview Heights finance committee reviews electricity procurement options as contract deadline nears
Summary
City staff told the Finance Committee that Grandview Heights must decide soon whether to remain in the Ohio School Consortium or shift more accounts to the city's aggregation program; staff presented recent rates and usage figures and highlighted potential budget impacts.
The Grandview Heights Finance Committee discussed the city's upcoming decision on electric procurement during its meeting, with staff saying a commitment is needed before the consortium's next purchasing round in June.
Director Tricia Miller told the committee, "this week is the week that we have to make the decision for sure. Yes or no in or out of the program," and summarized the city's current accounts, recent rates and estimated budget impacts.
The matter matters because the city spends roughly $180,000 a year on electricity and could pay materially different rates depending on whether large accounts remain in the Ohio School Consortium or move to the city's aggregation. Miller said the city has about 38 AEP accounts in total: 16 of the largest accounts…
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