(05/15/09) - The cost of using electricity is
coming down in Akron with a new electric aggregation plan being offered by the City of
Akron that will save customers collectively an estimated $9 million.It was 2001 when
Akron voters first approved a City of Akron aggregation program for electricity rates. The
program was suspended, however, December 31, 2008 because State of Ohio electric
regulations no longer supported or permitted aggregation, and all aggregation programs in
Ohio were suspended. New State of Ohio electric regulations allow Akron to resume the
program beginning this July and through May of 2012.
Electric aggregation is the process by which individual energy users band together in
an alliance to secure more competitive prices than they might otherwise receive working
independently.
"This is something we have been anxious to again offer our citizens," said
Mayor Don Plusquellic. "With this new agreement, we are able to resume the cost
savings at a critical time for homeowners and small businesses."
The plan is being managed by FirstEnergy Solutions of Akron and includes a 6% discount
for residential customers and 4% for small business customers. The savings, per customer,
would average about $100 for residential users and $500 for commercial customers over the
life of the program.
Citizens will receive information and an opportunity to opt out of the program within
the next month. The information will be similar to what citizens received in previous
enrollment periods in 2002, 2004, 2006 and 2008
Citizens who do not respond to the letter are automatically enrolled in the electric
aggregation program; there is no cost to participate and no fee charged for switching to
the plan from a customers current electric company.
Anyone with questions on the electric aggregation program may call FirstEnergy
Solutions at 1-888-254- 6981 or Akrons 3-1-1 Call Center by simply pressing 3-1-1 on
any residential phone in the city of Akron, or by calling (330)-375-2311 from any other
telephone.
END