Swanton residents receive electric aggregation letter; rate will drop

Village of Swanton residents recently received in the mail a letter informing them of their electricity generation options.

In May 2010, the residents of the Village of Swanton voted to allow for government aggregation to occur automatically except where any person elects to opt out. The results were 329 in favor to 85 opposed.

Aggregation provides group buying power and normally results in a better price.

“The Village of Swanton contracts with a broker, Alternative Energy Solutions (AES), based out of Waterville, to negotiate on behalf of the Village with various electric energy suppliers. In 2017, AES did just that and provided Village Council with various options for a new agreement beginning in May 2018. The supplier with the best option was FirstEnergy Solutions,” said Rosanna Hoelzle, Swanton Village Administrator.

The proposal from FirstEnergy Solutions came in at $0.0530/kWh for a term of May 2018 to May 2020. The current agreement is with Dynegy Energy Services (formerly Duke Energy) and the rate is $0.0722/kWh.

If residents wish to take advantage of the rate Council had negotiated, there residents do not need to do anything. If a resident wishes to find their own rate for electric generation then they should return the opt-out form that is attached to the letter.

“The opt out program means all eligible customers are enrolled in the program and if they wish to seek a different rate with a different supplier, they can definitely do this but they must “opt out” of the program the Village of Swanton has negotiated on their behalf by sending in the letter; remember this was part of the ballot language,” said Hoelzle.

Other area communities that participate in governmental electric aggregation include Delta, Metamora, Sylvania, Holland, Waterville, Perrysburg, Maumee, and Toledo.