New Fixed Rate For Natural Gas Aggregation Program

(From the City of Findlay)

City of Findlay officials are pleased to announce that they have established a 12-month fixed-rate of $0.515/ccf for members of the natural gas aggregation program. The fixed rate will run through the October 2025 billing cycle. Residents and small commercial customers can expect a letter from IGS Energy to arrive shortly after September 5, 2024. The letter will explain the rate, terms and conditions of the offer. The natural gas program was approved by voters in 2002 and is available for residents and small businesses in the City.

The City of Findlay is pleased to make this rate available for its residents and small businesses. The fixed-rate will give price protection and budget stability for the next term. As before, the City of Findlay program has no early termination fee.

Eric Burns, Director of Aggregation of Independent Energy Consultants, said, “Residents and businesses should carefully read their letter from IGS Energy. Residents who are currently participating in the program will receive an “opt-out” letter, and do not need to take any action to remain in the program. Residents who have not chosen a supplier and receive their gas supply from Columbia Gas of Ohio will also receive an “opt-out” letter. If they wish to be added to the program, they should simply do nothing and they will automatically receive the new rate.”

The aggregation program is simply another option for you to consider, and it is important that residents make themselves aware of the other options available to them, specifically:

• The Public Utilities Commission of Ohio provides a list of other publicly available offers on their website, www.energychoice.ohio.gov. Anyone considering those supply offers should be aware of any early termination penalties, fixed monthly charges, or automatic renewal provisions that can quickly offset any perceived savings.  The City of Findlay program includes none of the above.

• The utility’s supply rate the Standard Choice Offer (SCO) is a variable rate option. It follows monthly market conditions and trends up and down throughout the year.

Again, the City of Findlay would like to remind residents that the program is simply another option for City of Findlay residents and small businesses to consider in their efforts to manage their energy costs.

The City of Findlay is pleased to have made this program possible. Residents should contact IGS Energy at 877-353-0162 if they have any questions regarding their letter or status in the aggregation program.

Click here to see a sample letter residents will receive.