Cincinnati Electric and Gas Aggregation / Energy

City of Cincinnati electricity buying group savings to start soon

CINCINNATI — “Eligible residential and small business customers are now receiving their welcome packet for the new buying group formed after voters authorized the City to negotiate group savings for electricity and natural gas last fall. Read the City Manager’s most recent memo, including Q&A about the buying group, here.

Consumers who want to take advantage of the buying group savings of 23 percent, estimated at just over $133 per year for the average household, need do nothing. If you receive the welcome packet, you are automatically enrolled in the city buying group and will realize savings under the new contract with FirstEnergy Solutions in 30-45 days. However, customers should not sign on with a new supplier in the meantime. Energy suppliers are marketing aggressively to sign consumers up before the City’s buying group starts operating.

Read more about the City’s groundbreaking contract for cheaper electricity backed by 100 percent Renewable Energy Credits here.

The City will begin the process of negotiating natural gas prices in June.”

– Roxanne Qualls, Vice Mayor, City of Cincinnati