Cincinnati Electric and Gas Aggregation / Energy

Hearing tonight on city electric, gas buying plans

CINCINNATI — “Cincinnati City Council will hold the first of two public hearings tonight on the city’s plan to form buying pools to seek lower electric and gas rates for residents.

The hearing before council’s Budget and Finance Committee will be held at 6 p.m. at city hall. A second hearing will be held Feb. 6 at 1 p.m. at city hall.

In November, city voters approved Issues 44 and 45 authorizing the city to negotiate group buying rates for electric and gas. The proposals were authorized under Ohio’s 10-year-old utility deregulation law, allowing municipalities and other organizations to combine, or aggregate, their purchasing power to seek better rates.

More than 300 municipalities across Ohio has since approved aggregation plans including some of the area’s largest townships such as Green, Springfield and West Chester in Butler County.

‘We have a tremendous opportunity to negotiate savings and put real money back in the pockets of city residents, so that we can enjoy the benefits of competition that other communities in the region have seen,’ said Vice Mayor Roxanne Qualls, who sponsored ordinances to put both measures on the ballot.”

Cincinnati Enquirer

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