Electric Aggregation Program Update

Posted on: October 13, 2022

Symmes Township's Electric Aggregation program expires in December 2022.  The goal for Energy Alliances, the Township's energy consultant, is to find an alternative supplier able to beat Duke Energy Ohio's default generation rate of 6.38¢ per kWh before the program's expiration.  After thorough analysis, Energy Alliances suggested that the Township not renew the Electric Aggregation program at this time since they could not find a supplier that could compete with Duke Energy Ohio's rate.  Therefore, all accounts on the program will go back to Duke Energy Ohio's default generation rate in December 2022 until further notice.

Energy Alliances will continue to watch the market and will provide options to the Township if they see a favorable alternative.  The earliest the program would return is Spring of 2023.