Due to Thanksgiiving holiday, council met a couple of days early this week.
The Washington City Council wrapped up November business in a brief but yet important meeting Monday night. Council met early this week due to the regular Wednesday date falling on Thanksgiving Eve.
The meeting started off with the 2nd & final public hearing for city residents to move into a electrical aggregation program. Tom Beelish of Buckeye Energy Brokers reminded council that his group was able to get a rate of $6.59 for residential & $6.09 for commercial customers per kilowatt hour from AEP Retail.
Voters approved of the aggregation program earlier this month in the general election. With the two required public hearings now being held the next step is to petition the PUCO for approval of the plan & then after the 1st of the year mailings should start going out to city residents giving them a 21 day period if they wish to opt out of the program.
Bellish reminded council members that the earlier stated rates would save customers about 31% over the current kilowatt hour rate that they are paying Dayton Power & Light now. One of the reasons for the savings is that through the aggregation program the city can join in with a larger group of other smaller entities & get a better rate because of a larger number of buyers in that group.
Billing with the lower rate which is guaranteed for a 2 year period could start as early as the March 2012 billing. Residents will still receive a bill from DP & l, but the discount price paid on the kilowatt hour would be listed separately on the bill.
Council meeting will next meet on Wednesday December 14th at 7:30pm at the City Administration Building.