Village voters will decide next week on an area aggregation issue that has made its way onto the upcoming ballot.
The proposal would place both Bellville and Lexington into a utilities aggregation contract with Aspen Energy Corp., which is designed to lower both villages’ gas and electric rates.
“If we combine rates with Lexington we can get a lower rate in the village,” said Bellville Mayor Darrell Banks during an Oct. 26 public meeting to discuss the issue. “We will try to save the citizens, businesses and ourselves on our utility bills.”
Village-wide aggregation combines individual households into a single buying group in order to increase utility rate stability. Aspen is offering Bellville an opt-out aggregation program, which means residents would not be required to enlist in the program should the measure pass.
An agreement between the village and Aspen following the ballot issue’s passage would automatically enter Bellville residents into an aggregated contract with Aspen; however, villagers would be given the choice to opt-out of the program upon implementation.
“Four or five weeks prior to implementation we will send out notices about the program,” Marc Hollinger senior consultant at Aspen Energy Corp. said during the Oct. 26 meeting. “By March or April we should be able to get a household price.”
“It’s a fairly smooth process,” he explained. “We are at a three year low in the natural gas market. It’s a buyers’ market and the price is guaranteed.”
In order for the program to launch in Bellville, it would need council approval after voter passage. For more information contact the Mayor’s Office or Aspen Energy Corp.
Marc Hollinger of Aspen Energy discussed the village’s proposed ballot issue set to appear in next week’s election.
Reach Jones on Twitter @Bellville_Jones