nopec
Electricity rate hikes show why community aggregation programs must make responsible reforms
The Northeast Ohio Public Energy Council (NOPEC) recently faced significant backlash after blindsiding more than 550,000 customers with soaring electricity rates. The increase, which saw bills skyrocket by over 65%, caught communities off-guard and left residents with more questions than answers. As NOPEC returns to the electricity aggregation business, it must take a hard look […]
Amid rising energy costs, Ohio aggregator dumps its 550,000 electric customers
Citing a foreign invasion in Europe, economic inflation, and hot weather, a northeast Ohio electric aggregator is dumping its 550,000 customers. The aggregator, the Northeast Ohio Public Energy Council (NOPEC), said it’s taking reasonable steps to shield its customers from electric prices that have doubled in the past year and could double again this winter. […]