Clinton County has completed a governmental electric aggregation agreement with Dynegy that sets a fixed 11.52 cents per kilowatt-hour rate for eligible households and small businesses through June 2029, the Wilmington News Journal reported.
County officials said the contract is intended to give residents and small businesses long-term budget stability as Ohio energy generation prices fluctuate. The rate was obtained through competitive bidding with other Ohio communities, according to the report. Officials cautioned that the fixed rate does not guarantee savings against the local utility’s standard service offer, though it is meant to shield participants from price spikes and changing market conditions during the contract.
Enrollment is automatic under Ohio aggregation rules. Dynegy plans to mail opt-out notices in the coming weeks; residents who do not want to join can withdraw by mail, phone or online using instructions in the packet. Participants may leave at any time without cancellation fees or termination penalties, and a 100% renewable pricing option is available.
The new rate is expected to take effect about 45 to 60 days after notices are sent. Customers will keep receiving one monthly bill from their local electric utility. Delivery and infrastructure are unchanged, and outages or service emergencies should still be reported to the local distribution utility.