New Electric Aggregation Rate Offer Through NOPEC Ends Oct. 31

The Northeast Ohio Public Energy Council recently announced new prices that could provide Shaker residents with an alternative to the existing discount they may already receive.

Shaker Heights is a member of NOPEC's Electric Aggregation Program, which serves residential and small business customers.  Shaker residents participate in this program unless they have opted out.

The Electric Aggregation Program offers a discount on electric power. That discount is a guaranteed 6 percent off CEI's "Price to Compare" for the generation portion of the electric bill for residential customers, and 4 percent for small business/commercial customers.

The current residential Price to Compare is 6.27 cents per kilowatt hour. With the NOPEC discount, the rate is 5.89 cents per kilowatt hour.

NOPEC is a non-profit, pro-consumer lobbying group whose goal is to bring lower utility costs to families and businesses in northeast Ohio and is the largest governmental aggregation in the nation.

The organization recently mailed a brochure to electric customers explaining the new pricing program, which includes these options:

• A seven-year price stability program, where residents can lock in a fixed rate of 6.75 cents per kilowatt-hour through August 2019. Unlike the existing discount, this price remains the same whether CEI's rates increase or decrease.
• A 19-month or 31-month fixed rate of 5.69 cents per kilowatt-hour for residential customers, or 5.39 cents per kilowatt hour for small business/commercial customers. The term is through May 2014 or May 2015, at the customer's choice.

The deadline to sign up for any of the special new NOPEC fixed-rate offers is Oct. 31. Sign up by contacting NOPEC/FES by either:

1. Calling 877-204-0426; 
2. Signing up online;
3. Mailing back the enrollment form sent by NOPEC.

NOPEC also offers a special 1 percent discount for all-electric residential customers, on water and/or space heating or load management rates.

NOPEC provides all participants in its programs an additional 1 percent discount that appears on NOPEC customers' bills from CEI as a separate line called the "NOPEC Customer Credit."

Funding of this NOPEC Customer Credit is determined by the NOPEC Board of Directors each year.The discount which appears on NOPEC customers' bills from CEI as a separate line called the "NOPEC Customer Credit." 

Shaker's electricity is delivered by CEI, and customer should call CEI in the event of an outage, downed wires or any other electric service emergency, or for any billing problems.

For more information, residents also can contact the NOPEC call center at 800-292-9284, or visit http://www.nopecinfo.org/.