Two public hearings are scheduled Thursday in Fayette for residents to ask questions about the electrical aggregation program. A representative from First Energy will attend the hearings.
Hearings are scheduled at 3 and 7 p.m. in the council chambers.
The aggregation plan would lead to electrical rate reductions if residents agree to stay with First Energy for nine years.
All electrical users in the community will be enrolled in the plan, but each would be able to opt out for a $25 fee.
The discount—six percent for residential customers and four percent for small businesses—applies only to the electrical generation portion of a customer’s bill. Fayette mayor Ruth Marlatt said an average customer would save about $36 a year through the discount.
Gary Keys of First Energy’s Wauseon service center, said the offer is being made to all Northwest Ohio communities served by the utility in order to manage long-range investment in coal. The utility wants to maintain its customer base, he said.