Thursday, October 30, 2014

Electric Aggregation Renewal


Palmer Energy, the City and County's aggregation broker announced the results of a request for bids for a new energy supplier contract that becomes effective on January 1, 2015 for Wilmington and April 1, 2015 for the unincorporated areas of the county as well as Midland and Port William.
Because the county is the aggregation authority for the city and the two villages the plan is for the county commissioners to selected the supplier for all entities.
The current provider, DP&L Energy Reserve (DPLER) was not among the low bidders. AEP a large and well known electrical energy company, had the low bid of 6.1 cents per kilowatt hour for a 36 month period. This price is about seven tenth of a cent higher than DPLER's current price.
Palmer's recommendation is to choose the low bidder's offer. The commissioners will make their provider selection within the next month.
A reminder that DP&L will continue to provide billing and system maintenance support no matter who the energy supplier is.

Paul Hunter   

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