Residents and small businesses participating in the City of Dayton electrical aggregation program will be spending even less on electricity starting this summer, following an agreement between the City of Dayton and IGS Energy.
Since the aggregation program began in May of 2016, participating residents have been saving 10 percent on energy consumption charges compared to the applicable Price-to-Compare (PTC) from local utility company Dayton Power & Light (DP&L), while businesses have been saving 5 percent. Those savings will continue through the June 2017 billing periods.
Following recent events by which DP&L’s PTC is set, the typical DP&L PTC will be dropping by more than 11 percent beginning this summer. In addition to this drop in underlying electricity costs, the City’s aggregation program for the July 2017 through May 2018 billing periods will save residents an additional 2 percent and businesses an additional 1 percent off the PTC.
Residents and businesses will begin receiving letters from IGS Energy and the City of Dayton on or around June 21 providing more information. No action is required to take advantage of the new savings.
For residents not currently participating in the aggregation program, most will receive an "opt out" letter and will have 21 days to take action. DP&L utility customers wishing to be included in the program do not need to take further action, as they will be automatically enrolled. Customers who have already selected an electricity supplier may receive a similar letter with instructions on how to take advantage of the savings opportunity.
Rates for the final year of the three-year contract between the City of Dayton and IGS will be negotiated and will be effective June 2018 through May 2019.
For more information or to enroll, please call IGS Energy at 1-877-353-0162 or visit http://igsenergy.com/dayton.
About IGS Energy
With over 25 years of experience in the energy industry, the IGS family of companies provides the following to over one million customers across the country: natural gas, electricity, and home protection products; power generation solutions off the grid; clean, domestic alternative fueling options; and solar solutions. The company focuses on empowering consumers to make choices that best fit their energy needs with 29 offices throughout seven states and over 750 employees across its footprint.