In November-2013, Village of North Bend voters approved 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. The current aggregation expires in June 2022.
The Village of North Bend worked closely with their energy consultant Energy Alliances to evaluate options for renewing the program beyond June 2022. Due to a significant increase in energy prices since summer 2021 and particularly this past winter, Energy Alliances has recommended that the Village of North Bend not to lock into any prices at this time and to have all accounts on the program go back to Duke’s GCR rate starting with their July 2022 bill.
Why did Energy Alliances make this recommendation?
What do accounts on the program need to do and what should they expect?
· Nothing must be done. The change will occur automatically.
· Constellation NewEnergy, the supplier of the aggregation program, will start sending accounts back to Duke in mid-May, effective for June. This process will continue until all accounts are returned to Duke by mid-June.
· Accounts will receive a letter from Duke notifying them of the change after Duke receives the drop notification from Constellation NewEnergy.
Will the aggregation program return in the future?
Village of North Bend Council supports the Energy Alliances recommendations.
If you have any questions regarding the Village of North Bend’s aggregation program, you can reach out to Energy Alliances in several ways:
Gas & Electric Aggregation
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