Monday, July 22, 2013

Aggregation Update

Saving Big Money Three Ways .

1. In early 2012 I noted that Washington CH council had electric aggregation on their agenda. I informed Scott Kirchner that we should restart the process that had been abandoned by past councils and administrations..
2. Scott and Loren Stuckert attended the Court House meeting and became interested in the project.
3. I also contacted Buckeye Energy, an aggregation brokerage firm, that I had conversed with several years ago concerning aggregation.
4. I arranged for the Buckeye representative to address the County Commissioners, the Regional Planning Commission (RPC) and City Council.
5. The County Commissioners were not impressed with Buckeye and decided to ask the Ohio County Commissioners Association for assistance.
6. Palmer Energy, the association's aggregation broker, was invited to give a presentation to the commissioners.
7. The Palmer presentation offered a better deal than Buckeye had offered.
8. I arranged for the Palmer representative, Bill Bradish, to give presentations to RPC and city council.
9. At this point the commissioners and council took over the project and the rest is history.
10. During the city's conversion to aggregated supply I worked with DPL Energy’s Sheri Bannister to facilitate the process.
11. Over the next several years residents and small businesses in the county and city will save millions of dollars on electric bills. Dollars that will now be available for spending in the local area. Local governments will also save hundreds of thousands on their electric bills.
12. Wilmington savings summation for the first five months of program:
a. Residents $482,000
b. City taxpayers and service fee payers $35,000
c. Property tax payers for street lighting $23,000
Note: Non-village county residents (including Midland) began savings in May and total savings will be even more significant.

13. Next project, working with city council, natural gas aggregation.


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