Electric Aggregation Program
Turtlecreek Township Electric Aggregation Program
The Township’s electric aggregation program is restarting May 2023 (June bill).
Energy Alliances negotiated with multiple suppliers and was able to lock in a rate of 6.56¢ per kWh with Energy Harbor starting with the June 2023 bill and continuing through the May 2025 bill (24 bill periods).
The 6.56¢ per kWh may sound high. However, based on how Duke uses an auction process to set their generation supply rates (learn more here), Energy Alliances anticipates that Duke’s default generation rate will around 9.5¢ per kWh starting with the June 2023 bill.
A rate of 6.56¢ per kWh for the aggregation would save participants around 30% compared to taking Duke’s default supply rate.
The aggregation will have no termination fees with participants able to leave at any time without paying a fee.
Those eligible for the aggregation program should see opt-out letters mailed in the second half of March.
Any qustions can be directed to Energy Alliance at 513-794-5555