Title
TO AUTHORIZE THE MAYOR TO ENTER INTO CONTRACT WITH EITHER WPS ENERGY SERVICES, INC., OR GREEN MOUNTAIN ENERGY COMPANY FOR THE PROVISION OF COMPETITIVE RETAIL ELECTRIC AGGREGATION SERVICES AND POWER SUPPLY, FOR THE CITY OF GAHANNA; TO REPEAL ORD-0235-2002.
Version
ils
Body
WHEREAS, the Ohio Revised Code, Section 4928.20 permits a municipality to aggregate customers within their jurisdiction in order to facilitate customer choice in electric power suppliers and to promote lower cost electric utility services within the City; and
WHEREAS, the electors of the City of Gahanna authorized the City to act as an aggregator on behalf of the American Electric Power Company customers located within the boundaries of the City; and
WHEREAS, the City adopted a plan of operation and governance for the implementation of the City's Municipal Electric Aggregation Program in accordance with Ohio Revised Code Section 4928.20(C); and
WHEREAS, the City entered into an agreement with AMPO, Inc., to provide management services for the electric aggregation program; and
WHEREAS, AMPO, Inc., has recommended that the City negotiate the framework of a contract with an outside supplier for the provision of competitive retail electric aggregation services and power supply; and
WHEREAS, WPS Energy Services, Inc. and Green Mountain Energy Company are the only 2 suppliers working with AEP in this territory; and
WHEREAS, the wholesale market is being watched for Gahanna and 4 other communities and this market is a dynamic pricing fixutre that changes daily and the City may not have sufficent time to pass legislation in its normal manner; and
WHEREAS, the Director of Public Service is recommending that we have everything in place so we can act quickly by passing legislation allowing a contract with either company upon a written recommendation from AMPO; and
WHEREAS, it is desirable and prudent to effect this contract at the earliest possible date, all for...
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