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Oakwood forum: electric aggregation ends; city offers opt-in gas program at fixed rate
Summary
At an Oakwood City Council forum, city presenters said the 2023 electric aggregation contract will end with no opt-in successor and that a new opt-in natural gas aggregation with Archer Energy offers a fixed rate of 66.25 cents per CCF through May 2027. Residents urged reconsideration of opt-out aggregation for buying power.
S1, the forum presenter representing city staff, told a standing-room audience that Oakwood's 2023 electricity aggregation contract will end this December and the city was unable to secure a successor on the opt-in terms council prefers. "Our electricity program, which started in 2023, is coming to an end," S1 said, and participants will be returned automatically to AES's standard choice supply when the contract expires.
The presenter explained how deregulation split utility bills into distribution (pipes, wires) and supply (the commodity) and encouraged residents to check page two of their utility bills to see their current supplier. S1 said AES's supply rate had nearly doubled in 2022 (to roughly 10.9' per kilowatt-hour), and that the AES standard choice rate at…
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