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Priority Power tells council fixed electric rates unaffected this year; warns capacity costs will rise

Greenville City Council · June 4, 2025
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Summary

Jordan Harmon of Priority Power told the Greenville City Council that current electric aggregation rates are fixed through December and therefore not immediately affected by rising capacity costs, but warned higher capacity costs (effective June 1) will influence future contracts and renewals.

Jordan Harmon, representing Priority Power, briefed council on the city’s electric and natural‑gas aggregation contracts and the company’s recent communication lapse with city staff.

Harmon said recent questions from the city staff about rising capacity costs stemmed from months of missed communications by his team; he apologized and said he "fully own[s] that" lapse. Harmon told council: "Good news, it won't affect the current rates at all that are in place through December." He added that capacity costs that take effect June 1 will be part of rate calculations for future contracts.

Council members pressed Harmon on whether natural‑gas aggregation had delivered savings. One council member summarized that the fixed natural‑gas rate during the prior contract had been "somewhere around 100 and 100 to a 150% above the standard choice," a characterization Harmon acknowledged as "probably accurate." Harmon said the group has still produced savings for city households on the electric side and offered to provide further data at the June 17 meeting, including a savings comparison and a gas‑side analysis.

Harmon said the company will provide more detailed ride/usage or savings analyses on request and pledged improved responsiveness to city staff going forward. No formal decision was made at the meeting; Harmon said he would return on June 17 with additional information.