Cincinnati's Electric Aggregation: 6-Month Fixed Rate
Cincinnati News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Cincinnati residents receive letters about opting out of the citys electric aggregation program, causing confusion. The program, which buys power in bulk from Dynegy at a fixed rate, offers a lower rate of $0.1044 per kilowatt-hour for the first six months due to global energy market instability. The programs director emphasizes that most who shop around for their own providers end up paying more. The program allows easy opt-in or opt-out at any time with no fees, and officials expect to secure a solid fixed rate after the six-month period, keeping bills in check for participants.
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