Energy

Upper Arlington considers electricity bulk buy

Experience of failed natural-gas aggregation has city officials moving slowly

UPPER ARLINGTON — “As Upper Arlington considers the rewards of a program to let its residents buy electricity in bulk, it hasn’t forgotten the pitfalls of a similar program for natural gas.

The Upper Arlington City Council is considering a contract with either Toledo-based First Energy Solutions or AEP Retail that would lock in electricity prices for two years for city residents who participate. Council could vote to select a provider at its May 14 meeting.

…Electricity is treated less like a commodity than natural gas and might be less volatile because a larger component of it is built around fixed assets, such as power lines and generators, said William A. Adams, a legal consultant for Upper Arlington.”

By  Dean Narciso The Columbus Dispatch

Read the whole story: http://www.dispatch.com/content/stories/business/2012/05/04/suburb-considers-electricity-bulk-buy.html

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