On Tuesday, November 8, Vandalia voters approved two measures authorizing the City to negotiate opt-out electricity and natural gas aggregation
Aggregation gives the City of Vandalia the authority to negotiate on behalf of residents for more favorable natural gas and electricity rates.
Now that aggregation has been approved, what should do?
At this point, there is no action required by residents. Once negotiated, residents may opt out and choose their provider based on a comparison of providers at energychoice.ohio.gov. City Council and staff now have the authority to review available aggregation programs and possible organizations, and may select an organization to assist with the negotiation for favorable rates with a supplier.
Who will send me my utility bill?
Your utility bill will continue to come from the same company. Aggregation may change your energy supplier, but your energy distributor will remain the same. The energy distributors for Vandalia are AES Ohio for electricity and CenterPoint Ohio for natural gas.
Am I locked in to the aggregation rates?
No. Whenever the City of Vandalia is able to negotiate aggregated rates for natural gas and electricity, residents will have the opportunity to review the rates and decide if it is advantageous to stay in the group or opt-out. Negotiated rates will be publicized, giving everyone the opportunity to compare those rates with other providers. energychoice.ohio.gov is a website that makes it easy to compare providers and rates.
Will I save money?
The City of Vandalia hopes to maintain an aggregation program with competitive rates for our residents. It is possible that as a large buying group, residents may be able to get better rates than buying as individuals, but there is no guarantee.
How do I enroll?
Enrollment is automatic for residents. Now that voters have approved aggregation, the City of Vandalia will have the authority to negotiate an opt-out electricity and natural gas aggregation rates on behalf of its residents.
What if I already have an agreement with a supplier when community aggregation goes into effect?
Your energy agreement will remain in effect until it expires. You may be able to cancel the existing agreement, however, that require a cancellation fee. Whenever the agreement ends, you would then have the ability to enroll in the community aggregation program.