News

Gas Aggregation Update

Posted on: August 24, 2022
Since 2010, Symmes Township has provided a natural gas aggregation program to eligible residents and small businesses as a competitive fixed price alternative to Duke Energy Ohio's variable Gas Cost Recovery (GCR) rate. However, the current aggregation expired in June 2022. Due to a significant increase in energy prices since summer 2021 and particularly this past winter, Energy Alliances recommended to the Board of Trustees not to lock into any prices until a better rate can be negotiated.  At that time residents were diverted back to Duke Energy temporarily.  A new price of $0.839 per ccf was finally renegotiated in August with AEP Energy.  Letters will be sent to residents notifying them of this new rate and will be given the opportunity to opt-out if desired.   
 
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