The letter indicates that consumers need to act to select another provider. Not mentioned in the letter however, is that to remain in the aggregation program no action is required and the consumer will be automatically enrolled in the new AEP 39 month contract.
A letter from AEP is forthcoming that gives the consumer the ability to “opt out” of the new contract and find their own individual provider. This letter can also be ignored if you want to remain in the aggregation program.
The savings from the new contract will be less than under the current plan. But AEP was the low bidder at 6.45 cents per kilowatt hour (KWH). Savings will still be significant at the new rates. DP&L “standard” rates are currently around 9 cents per KWH. As an example, at these rates a 1,000 KWH monthly bill the “standard” non-aggregated consumer would pay $90 plus delivery and the aggregated AEP customer $64.50 plus delivery.
Aggregated county consumers will face the same options on April 1, 2015.
Note: DP&L will continue to provide the grid and bill for electric power.
Contact the Mayors office for more details at 382-5458 and pass the word.
Paul Hunter paulhunter45177@gmail.com
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