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Yes, you may cancel without penalty and switch to another provider or revert back to the local utility.
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Under the City Electric Aggregation Program, the City acted on behalf of its electricity consumers to select an electricity supply provider who is able to secure electricity at competitive prices. The Public Utilities Commission of Ohio "PUCO" has taken steps to ensure that Ohio's competitive electricity environment is consumer-friendly.
Voters in the City approved this aggregation program and the City Council passed an ordinance adopting this Electric Aggregation program. The City has selected AEP Energy as their preferred electricity supply provider to serve their residents and small businesses for twenty-four (24) months beginning with the July 2023 meter-read date.
AEP Energy is a certified Competitive Retail Electric Service (CRES) provider and a subsidiary of American Electric Power Company, Inc. (AEP). With an office located in Columbus, Ohio, AEP Energy sells electricity supply to customers at market-based prices rather than regulated rates offered by your local utility.
The City selected AEP Energy because they proposed the best overall value for eligible households and businesses.
You do not have to do anything to enroll.
The City Electric Aggregation Program will begin with the July 2023 meter-read date.
The City of Grove City has ensured that, beginning with the July 2023 meter-read date, you will receive an electricity generation price of 7.021 cents per kWh for 24 months.
You will continue to receive one bill each month from your local utility.
A Budget Billing Plan is available for AEP Energy's charges (Generation charges) for residential customers only.
As the program ends, the City can choose to seek bids from electricity providers in order to negotiate a new contract on behalf of eligible residents and small businesses.
If I opt out initially, can I choose to join the program at a later date?
If you move to another location within the City of Grove City, you will be able to continue participating in the program.
If you leave the City of Grove City, you will no longer be eligible to participate.
What is considered a small commercial business?
Renewable energy comes from sources that are constantly and sustainably replenished such as wind, solar or hydro.
AEP Energy is purchasing Renewable Energy Certificates "RECs" from sources for the Grove City Electric Aggregation Program.