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City warns residents: electric aggregation rates likely to rise as data centers strain capacity
Summary
Xenia finance staff told council the city’s gas aggregation plan will not be renewed in November while electric aggregation (renewal in December) likely will continue but at higher rates (staff quoted about $0.063 to $0.093/kWh) driven in part by sharply higher capacity costs and regional demand from data centers; residents will be auto-enrolled with an opt-out option.
Finance Director (Mister Duke) informed the council that the city’s gas aggregation plan is set to expire in November and staff do not plan to renew it because residents have received little benefit. The electric-aggregation plan is up for renewal in December and, based on recent quotes, staff expect rates to increase from roughly $0.063 per kilowatt-hour to about $0.093 per kilowatt-hour. Duke attributed much of the increase to a steep rise in capacity…
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