Issue 2: Oxford Electric Aggregation Proposal
Issue Two passed November 4, 2014 by vote of 69% to 31%. The next step is to hold two public hearings on the Electric Aggregation Program for the purpose of discussing the Plan of Operation and Governance (Plan). The hearings shall be held on Tuesday, December 2, 2014 and Tuesday, December 16, 2014 at 6:30 PM in the Oxford Courthouse, 118 W. High St., Oxford, OH.
What is Electric Aggregation?
Aggregation is the process in which electric energy is sold to consumers who have joined together as a group to buy electricity. It is expected that a lower rate for electric energy will be obtained by consumers through this process.
Presently electric customers in the City of Oxford (who are served by Duke Energy) have two choices to meet their electric energy needs. One is the standard Duke Energy rate and the other is to select a supplier through the Ohio Electric Choice Program. If Issue 2 is approved by the voters, consumers will have a third option.
What Does Opt Out Mean?
The Issue 2 proposal is an opt out form of governmental aggregation. This means that each consumer is automatically included in the aggregated pool unless the individual decides not to participate.
What Happens After the Election?
If Issue 2 is approved by the voters, then the City will move forward with establishing the program. This will include establishing a plan of operation and management, holding two public hearings to allow customers to voice any concerns over the proposed plan, providing written notification to each customer about the program, and providing an opt out notice if you do not want to participate. It is after the election and during this process that the renewable energy component will be decided. It is expected that City Council will make a determination on the renewable energy component after the public hearings.
What If I Want More Information?
You may call the Office of the City Manager at (513) 524-5201 or contact City Manager Douglas R. Elliott, Jr. Further information may also be obtained on the Public Utilities Commission of Ohio and the Office of the Ohio Consumers’ Counsel websites.