Electricity Savings FAQ

Why should I switch?
Current market conditions have resulted in lower wholesale electricity prices. This presents opportunities for many businesses to take advantage of today's lower prices and begin saving, versus the generation price offered by your local electric utility.

Can I get this discount for my residence as well? 
Yes, although the rate will be commensurate with the residential rate classification and not one of the commercial rate classes. This program is also available to your employees. To find out more about the residential program, visit: www.dynegyohio.com/affinity/chamber/.

How long does my enrollment in the program last? 
If you enroll in the Chamber program, you are committed to taking your generation service from the selected supplier until your contract ends. The term length for each contract will vary depending on your company’s goals. These goals typically include savings and/or budget certainty, but at its core, contract term length is rooted in your tolerance for risk. We currently offer contract terms of 12, 24 & 36 months.

Why can you offer me a discount on my business’ electricity rates? Utility electric rates are set based on the schedule for which the utility is required to purchase wholesale power in order to satisfy the energy demands of the service region. Little to no deviation from this schedule is permitted by the Public Utilities Commission of Ohio (PUCO). Alternatively, energy suppliers are not required to adhere to this schedule and can therefore make wholesale power purchases more strategically. Combining this strategic purchasing ability with the bulk purchasing power of the Chamber will reduce your electricity supply costs to levels below the utility’s rates, but also produce rates lower than those available from other standalone offers. You can then compare your current utility rate to a competitive market rate and make the best decision for your business.

How do I receive a quote? 
The Chamber will receive market pricing that will change weekly. The Chamber will require your most recent energy bill for each account you are interested in enrolling. In some cases, a separate letter of authorization (LOA) will need to be completed in order for pricing to commence. If you would like to receive a quote for your company, please contact Greg Buscher, 513.686.2959, or your Chamber representative. 
Once we have the necessary data, we will aggregate your information with other companies like yours and provide you with an offer letter of the best rate possible for various contract term lengths. It is then your choice to enter into the agreement.

Will my service be affected?
No, you will continue to receive the same quality of service from your local utility. Transmission and delivery of your energy is the regulated portion of your bill and will remain the responsibility of the utility.

If I'm already with a supplier may, I still participate?
Yes, you may participate, however, it’s best to review your existing supply contract in order to determine when it expires. Once the existing contract expires, you may enroll with the Chamber program. Otherwise, early termination fees from your existing supplier may apply.

When can I expect to see my new rate?
Your new rate will begin with the first meter read of the start date of your contract. That means you will see your new rate reflected on the following month’s bill for the preceding/first month’s service.

How do I know I'm saving compared to Duke?
You will be provided a savings analysis at the time that Chamber pricing is presented. It is then your choice to enter into the agreement.

 Once you present a contract to me, how long do I have to decide?
If you wish to take advantage of an offer price for a particular week, the contract must be completed and submitted to the Chamber by 3:00 p.m. on that Friday.

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