Gas Aggregation

GAS AGGREGATION UPDATE 4/28/2022

The City's previous natural gas aggregation supplier, Volunteer Energy Services, Inc. (VESI), filed for Chapter 11 bankruptcy towards the end of March.  All customers will return to CenterPoint Energy/Vectren Energy default supply service option, there will be no interruption in your gas flow.  

Over the past few weeks, the City has been working to obtain alternative supplier pricing options for the City's program.  Natural gas futures prices, which trade publicly on an open market and change by the second, recently hit 13-year highs, indicating alternative supplier pricing is not currently advantageous.  While the City will continue to evaluate ever-changing market conditions, we recommend you remain on CenterPoint/Vectren supply for your lower-consumption summer billing months until a new program rate is negotiated.   The City intends to negotiate a new rate and offer a competitive program for Natural Gas Aggregation prior to the winter heating season.

Residents always have the option to evaluate and choose their Natural Gas suppliers via https://energychoice.ohio.gov/ or by contacting CenterPoint Energy at 800-227-1376.


History

In November 2005, Xenia residents passed a ballot measure authorizing the City to implement a Natural Gas Aggregation Program and enter into service agreements for the sale and purchase of natural gas. Since the adoption of the Plan of Governance, most recently updated in January 2018 (Resolution 2018-C), the City has gone through several RFP processes seeking savings. In its most recent RFP, the City of Xenia selected Volunteer Energy as its supplier for the period of the November 2021 through October 2022 billing cycles.

Current Program

The City has no current program, but plans to re-establish a competitive program fall 2022 in order to secure cost effective rates for residents prior to the winter months. Once the city begins a new program, residents will be mailed letters informing them of the program, rates and terms.

How to Participate

Eligible Xenia residents and small businesses are automatically enrolled in the Aggregation Program once it begins, but can opt-out if they choose as directed in the opt-out letter. 

Customers enrolled in the Percentage of Income Payment Plan (PIPP Plus), are not eligible for natural gas and electric aggregation. PIPP Plus is an extended payment arrangement based on a percentage of the household income for customers who are at or below 150% of the federal poverty income guidelines.

Customers enrolled under individual contracts with suppliers as part of a natural gas choice program are also not included in the City Aggregation Program. These customers will not appear on eligible customer lists provided to the governmental aggregator or the governmental aggregators chosen supplier. If you recently switched to a supplier, there is a possibility your name was not removed from the eligible customer list. If you do not wish to be switched to the aggregation’s supplier, you should return the opt-out notice. You will want to talk to your chosen supplier if you consider switching to the aggregation’s supplier to find out if there are any penalties for the early cancellation of the contract.

Other Options

Residents who want to consider other rates can view current offers at Ohio Energy Choice.

Questions to consider when evaluating your natural gas options:

What is the price per MCF?
What is the term of the agreement?
Is the rate fixed or variable?
Is there an early termination fee?
Is there a monthly fee?