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Natural gas savings program to end |
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Miamisburg, Ohio - Feb. 23, 2010: The Natural Gas Aggregation program that brought together consumers from Miamisburg and six other south Dayton suburbs to save thousands of dollars on their natural gas bills since fall 2009 will end as of March 31, 2010, when significant savings will no longer be available.
Instead, customers will revert to Vectren, which, from April 1, 2010 through March 31, 2011, will be able to offer a rate approximately 20 percent below the aggregation program price. This is due to the competitive pricing resulting from the Public Utilities Commission of Ohios annual natural gas auction held on January 12.
Coordinated by the Miami Valley Communications Council, the Natural Gas Aggregation program has allowed residential natural gas customers and many small business users to save 4.6 cents per ccf off the standard price charged by Vectren. Total savings for the 2009-10 heating season have been estimated at $350,000 to $400,000.
As of April 1, 2010, the pricing provided through the current natural gas supplier, IGS, will generate savings of only about $3 per year per customer over Vectrens standard service offer. Program officials felt this was not substantial enough to warrant the programs continuation.
For more information, please call the Miami Valley Communications Council at (937) 438-8887.
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