[Call to Order: Pres. Berry / Roll Call] [00:00:03] THIS IS A PACKET. CITY COUNCIL IS NOW IN SESSION. WOULD YOU PLEASE STAY IN FOR A MOMENT OF SILENT PRAYER AND THE PLEDGE OF ALLEGIANCE? CONTRIBUTIONS BY THE UNITED STATES OF AMERICA. ONE DIRECTION. WE DO NOT HAVE MEETING MINUTES TO APPROVE BECAUSE OF WE'LL DO THAT ON MONDAY. UM WE DO NEED TO EXCUSE MR HOLT AND THE MAYOR FROM THE MEETING, SO I'LL MOVE TO EXCUSE THEM, RIGHT? ANYBODY COULD BE TAKE A ROLL CALL. OBVIOUSLY. MR SHARKEY, PRESIDENT, PRESIDENT. MR BARRY? YES, MR HOLT. THIS IS HELP. HERE. I'LL MAKE A MOTION TO EXCUSE THE MAYOR AND SECOND. SHARKEY YES. YES MR BARRY? YES? ALL RIGHT. WE HAVE ONE AGENDA [Ordinance C-16-23 Adopting a Plan of Operation and Governance and Authorizing the City Administrator to enter into an Agreement with a licensed competitive retail electric service provider for the City’s Electric Governmental Aggregation Program and declare an emergency.] ITEM AND THAT IS UNDER THE SERVICE AND THE SERVICE COMMITTEE. SO MISS HEALTH YOU HAVE BEFORE MR PRESIDENT, VERY UNDER SERVICE TODAY HAVE ORDINANCES 18 23 ADOPTING A PLAN OF OPERATION AND GOVERNANCE AND AUTHORIZING THE CITY ADMINISTRATOR TO ENTER INTO AN AGREEMENT WITH A LICENSED COMPETITIVE RETAIL ELECTRIC SERVICE PROVIDER FOR THE CITY'S ELECTRIC GOVERNMENTAL AGGREGATION PROGRAM AND DECLARING AN EMERGENCY. MR SMITH , YOU'RE OUT. THANK YOU. MISS HELP. UM AS I MENTIONED IT, MONDAY'S COUNCIL MEETING, WE THOUGHT WE WOULD BE BRINGING SOMETHING TO YOU. AND I APPRECIATE YOUR WILLINGNESS TO ALLOW US TO BRING IT TO YOU EARLY. UM, WITH THE SPECIAL MEETING TODAY, THE ONE THING THAT WE HAVE LEARNED IN THIS PROCESS IS THIS WHOLE INDUSTRY IS GOOFY. UM AND BASICALLY, WE GET PRICES AT 10 A.M. THAT WE HAVE UNTIL FOUR O'CLOCK TO DO SOMETHING WITH OR ELSE THEY CHANGED THE NEXT DAY. UM AND WHAT WE'VE FOUND IS THEY GENERALLY DON'T CHANGE FOR THE BETTER. UM SO WHAT WE HAVE DONE IS WE HAVE PUT TOGETHER THIS MEETING FOR YOU TO CONSIDER SOME PROPOSALS. UM, WE HAVE A HANDOUTS IN FRONT OF EACH OF YOU, AND WE HAVE SOME AVAILABLE FOR THE AUDIENCE. AND I'M GONNA LET GREG GREG BECKER HAVE SAID ENERGY DO THE HEAVY LIFTING BECAUSE THIS IS HIS BAILIWICK. HOWEVER, I THINK THAT. AS BAD AS WE WERE. WHEN WE 1ST 1ST PUT THIS OUT. I THINK THAT REALLY THE TIGHTEST TURNED AND I THINK WE'RE IN A VERY ADVANTAGEOUS POSITION AT THIS POINT TO MOVE FORWARD, BUT I'LL LET GREG KIND OF EXPLAIN THE OPTIONS TO YOU. OKAY? TCH. GREG DECKERT SAILED ENERGY 40 41 ST COLUMBUS, OHIO, 432 AND FOUR. THANK YOU ALL FOR CONVENING FOR THE SESSION HERE. UM SAILED. ENERGY WAS HIRED BY THE CITY. UM, GOSH, IT'S BEEN A YEAR AND A HALF AGO. MAYBE THAT WE STARTED ON THIS ENDEAVOR, LOOKING INTO SOME OPTIONS FROM AN ELECTRIC AGGREGATION STANDPOINT, THE ENERGY IS A CERTIFIED LICENSED ENERGY BROKER HERE IN THE STATE. WE'VE BEEN WORKING WITH COMMERCIAL INDUSTRIAL CUSTOMERS AND AGGREGATE COMMUNITIES AND HELPING THEM KIND OF FIGURE OUT HOW TO NAVIGATE THE WATERS AS STEPHEN INDICATED ITS, UH UNFORTUNATELY, INDUSTRY SEEMS TO MAKE THINGS MORE COMPLICATED AND NEED TO BE, BUT IT IS A FINANCIAL PRODUCT THAT CHANGES QUITE REGULARLY, WHICH MAKES SOME THINGS THE ABILITY TO BE NIMBLE AND QUICK. UH IS IMPORTANT SO UM, JUST A LITTLE BIT OF BACKGROUND AS I MENTIONED BEFORE. WE'VE BEEN WORKING ON THIS FOR QUITE SOME TIME. UM AND KNOWING THAT BOTH THE AGGREGATION AND THE RENEWABLE ASPECT WHERE KEY COMPONENTS FOR THE CITY AND MOVING FORWARD AND UP TO THIS POINT UP UNTIL LAST WEEK, WE HAD CONDUCTED THREE ROUNDS OF BASICALLY PRICING. REQUESTS FROM THE CERTIFIED SUPPLIERS, AND WE HAD THREE SUPPLIES THAT WERE CONSISTENTLY PARTICIPATING IN THAT BASED ON THE TERMS AND CONDITIONS THAT WE LOOK FOR THAT WE WERE SEEKING, AND THAT WAS A TEEPEE. ENERGY DYNERGY AND ENERGY HARBOR. AND WE WERE ALWAYS LOOKING FOR 12, 24 AND 36 MONTH TERMS THAT SEEMS TO BE THE MOST REASONABLE THAT WE TYPICALLY LOOK AFTER CLIENTS AND AS WE WENT THROUGH THIS, UM YOU KNOW, A YEAR AND A HALF AGO, UM, THE MARKET STARTED DOING SOMETHING WE HADN'T SEEN ALMOST 12 YEARS AND THAT WAS BECOMING VERY VOLATILE, WARNED UKRAINE HAD INFLATION. LOT OF THINGS HAVE STARTED TO HIT. HIT THE [00:05:04] MARKET AND MAKE THEMSELVES PRETTY EVIDENT. AND SO THE FIRST SEVERAL ROUNDS THAT WE WERE LOOKING INTO, UH, THERE WASN'T A VALUE PROPOSITION TO PROVIDE. IN IN THE FORM OF SAVINGS. THAT WAS ONE OF THE CONDITIONS THAT WE WANTED TO ENSURE THAT WE CAN PROVIDE TO THE COMMUNITY, SO WE TABLE THIS AND KIND OF WATCHED THE MARKET DO WHAT IT DOES, AND HOPEFULLY WE WILL FIND SOME OPPORTUNITY. UH TO COME BACK AND PROVIDED SAVINGS OPPORTUNITY AND THAT THAT DID COME ABOUT RECENTLY AS WE MIGHT ALL BE AWARE I WON'T GET IN THE WHOLE PROCESS. WHAT HAPPENS BUT E P THE UTILITY IS ANTICIPATING THAT IT'S RATES WILL BE ADJUST INCOME. JUNE 1ST. THOSE RATES CURRENTLY IN THE SEVENTH CENT RANGE, AND THEY WILL BE GOING TO SLIGHTLY ABOVE 10 CENTS. SO IT'S A PRETTY SIGNIFICANT INCREASE THAT THEY'RE EXPERIENCING. UM AND THOSE ARE THAT'S GOING TO BE BORNE BY THE RATEPAYERS. SO IN KNOWING THAT THAT WAS COMING DOWN THE PIPE, UM YOU KNOW, WE WENT BACK OUT TO THE SUPPLIERS TO SEE IF WE COULD GET SOMETHING PROCURE SOMETHING THAT WAS A LITTLE BIT MORE ECONOMICAL AND ALSO CHECK THAT BOX AND ALSO LOOK AT THE RENEWABLE PIECE AS WELL. AND. YEAH IF YOU GO TO, UH , LET'S GO TO SLIDE TO SLIDE THREE. WHAT WHAT? WE USUALLY DO . WHAT I USUALLY DO IN THESE INSTANCES IS I, UH, TRYING TO HELP ESTABLISH AGAIN FOR EVERYBODY? TRADITIONAL BROWN POWER SINCE WE'RE LOOKING AT RENEWABLES, BUT WHAT'S THE COST OF BROWN? NOT YOU KNOW, IT'S JUST THAT IT'S A BENCHMARK. THAT'S ALL THAT WE'RE TRYING TO DO. AND THESE PRICES THAT WE HAD ON THIS TABLE WHERE THE OFFERS THAT CAME BACK IN LAST WEEK, IT WAS ON THE SEVENTH THAT WE CONDUCTED THIS AND THIS IS NOTHING MORE THAN AGAIN A POINT OF CONVERSATION OR BENCHMARK THAT WE CAN USE AS WE LOOK AT THINGS DOWN THE ROAD. SO THESE AREN'T TODAY'S PRICES. IF I LOOKED AT THIS TODAY, I DIDN'T. WE DID NOT ASK FOR REFRESH ON THE BROWN BECAUSE IT'S NOT SOMETHING WE'RE CONSIDERING. BUT I JUST WANTED TO USE THAT THESE PRICES WOULD BE SLIGHTLY DIFFERENT TODAY. WE'VE GOT SLAVE FOR THESE ARE THE OFFERS THAT WE WANT TO TAKE A LOOK AT, UM THE ONES ON THE SCREEN ARE DIFFERENT. AND ALGAE. THIS IS THE HANDOUT SCANNED IT AND BROUGHT IT UP. OK? YEAH. YES WHAT YOU SEE UP HERE IS THE SAME. GO BACK TO THE SLIDE. THERE YOU GO. ONE IS FRIDAY. I KNOW WE SHOULD HAVE THAT'S SIX POINT. YEAH, IT'S. YEAH, THAT'S COOL IN FRONT OF YOU. I APOLOGIZE WHAT YOU HAVE IN THE HANDOUT THAT WE PASSED OUT TODAY IS CORRECT. COMPARISON SAKE. THESE ARE THE NUMBERS THAT WE RECEIVED ON FRIDAY. THE ONE THING YOU WILL SEE IS THAT WE DID REMOVE THE 36 MONTH COLUMN FROM THE CURRENT HANDOUT BECAUSE I THINK IT'S GREG IS GOING TO TELL YOU HE FEELS COMFORTABLE AND SAFE WITH THE TWO YEAR AND ONE YEAR OPTIONS. THE THIRD IS MORE OF A CRAP SHOOT THAT WE DON'T FEEL COMFORTABLE RECOMMENDING SO THOSE ARE THE NUMBERS AND ONCE AGAIN, I THINK WITH THIS KIND OF SHOWS YOU IS HOW THESE MARKETS CHANGE. I MEAN FROM FRIDAY TO WHAT WE GOT TODAY , AND FRANKLY, IF WE DID THIS TOMORROW THE NUMBERS WOULD BE DIFFERENT AGAIN. WHICH IS WHY WE FELT THE NEED TO, UM, ASK YOU AND YOU WERE ABLE TO ACCOMMODATE THIS SPECIAL MEETING. SO WE AT LEAST KNOW WHAT THE NUMBERS ARE, INSTEAD OF GUESSING. SO THANK YOU FOR THAT. YEAH JUST AS A POINT OF REFERENCE TO IT'S A ENERGY, ELECTRICITY THAT TRADED COMMODITY JUST LIKE WE CORN, SOYBEANS, SO IT'S A FINANCIAL PRODUCT. AND IF YOU PUT IT IN CONTEXT OF THINKING ABOUT STARK IF YOU CALL YOUR BROKER TODAY AND ASK FOR WHAT WAS THE CAUSE FOR SHARING MICROSOFT, MAYBE 50 BUCKS. TOMORROW IT'S GONNA BE SOMETHING DIFFERENT AND POWER PRICES WORK THE SAME WAY. UM SO WHEN WE LOOKED AT SO, AS STEPHEN ALLUDED TO, WE HAD PRICES THAT WE DISCUSSED ON FRIDAY. UM WE WENT BACK OUT AND REQUESTED THAT WE GET REFRESHED OFFERS FROM THE THREE PARTICIPANT PARTICIPATING SUPPLIERS AGAIN. HTTP ENERGY DYNERGY AND ENERGY HARBOR, UM THAT THEY PROVIDE EXECUTED NUMBERS FOR 12 AND 24 MONTH TERM, INCORPORATING REX THERE WAS THOSE WERE DELIVERED TO ME AT NOON TODAY. SO THESE ARE HOT OFF THE PRESSES THAT YOU HAVE IN FRONT OF YOU AND IT AND IT RANGES. UM ALL THREE OF THEM PROVIDED US 12 AND 24 MONTH OPTIONS YOU UTILIZING NATIONAL WIND. SO THESE ARE THE RENT WENT RESOURCES. WHAT THESE RIGHTS ARE ASSOCIATED LEFT. ENERGY HARBOR, WHICH IS A COMPANY FROM NORTHERN OHIO, THE NUCLEAR ASSETS. THEY INTRODUCED OR PROPOSED WHAT'S CALLED A CARBON FREE EFFECT OR OR THE EMISSIONS FREE PRODUCT. UM THOSE NUMBERS WE HAVE THERE AS WELL. EVERYTHING IS RELATIVELY PRETTY TIGHT. WE CAN TALK ABOUT. EFFECTS BUT IN MY OPINION, IT DOESN'T CHECK REALLY THE BOX THAT I THINK THE COMMUNITY WAS LOOKING FOR, WHICH IS AGAIN SAVINGS THAT'S CHECKED ON ALL OF THEM RENEWABLE COMPONENT, AND I THINK THAT'S [00:10:02] THE RENEWABLE, COMBINING TYPICALLY WIND AND SOLAR THAT WE'RE LOOKING FOR. WHEN YOU TALK ABOUT NUKES, IT'S NOT. IT IS BASICALLY A EMISSIONS FREE. GENERATED SOURCE, SO IT'S NOT QUITE DOESN'T FALL UNDER THE RENEWABLE ASPECT IF I MAY NOT TO INTERRUPT. IF YOU REMEMBER BACK TO THE BALLOT LANGUAGE THAT WE SUBMITTED TO THE VOTERS, AND THEY APPROVED THEY WERE REALLY A COUPLE OF DIFFERENT CRITERIA. I WILL TELL YOU ONE OF WHICH WAS LOCAL. UM AND I WILL TELL YOU THERE IS NO LOCAL OPTIONS SO THAT CRITERIA WE CANNOT MEAT. HOWEVER, YOU KNOW. OTHER THAN THAT WE HAD THREE OTHER CRITERIA , WHICH WE NOW BELIEVE THAT WE CAN MEET WITH THE RENEWABLE, CLEAN AND SURPRISINGLY, AND IN MY MIND, I NEVER THOUGHT WE'D GET TO THE COST SAVINGS, BUT I THINK WE'RE THERE. BUT SO THERE IS NO PROGRAM JUST TO BE CLEAR THAT MEETS THE CRITERIA. ALL FOUR OF THEM THAT WERE IN THE BALLOT LANGUAGE AND MAYBE AT SOME POINT I KNOW WE TALKED ABOUT THIS WHEN WE DID IT AT SOME POINT THAT MAY COME TO FRUITION. HOWEVER AT THIS POINT , THERE ARE NO LOCAL OPTIONS, SO I JUST WANT TO BE CLEAR ON THAT. THANK YOU. WE COULD GO TO SLIDE FIVE WE DO. THIS IS THE CURRENT NUMBERS. PERFECT PERFECT. GREAT. LET'S GO BACK TO THAT. I'M GONNA GO BACK TO THAT. AND SAY WHAT YOU CAN SEE THAT YOU HAVE IN FRONT OF YOU. YEAH. SO ON THIS AGAIN, YOU CAN SEE THERE'S VERY LITTLE SEPARATION. UM AND THIS IS INCENSED PER KILOWATT HOUR. SO IT'S YOU KNOW, IT'S RELATIVELY TIGHT. THE GOOD NEWS IS FROM A SAVINGS STANDPOINT. UH BETWEEN YOU KNOW, 6.8 CENTS TO THE I 7.2 THERE ARE SIGNIFICANTLY LESS THAN THE EXPECTED 10.9 CENTS THAT WE HAVE FROM. FROM A UTILITY. UM ANY ANY QUESTIONS ON THIS? YES JUST CURIOUS IF WE VOTE FOR ONE OF THESE OPTIONS AT WHAT POINT DO WE LOCK IN? IS IT TONIGHT AT MIDNIGHT? SO THESE ARE THESE ARE ALL GOING TO START WITH YOUR JULY METER READS. THE SUPPLIER NEEDS ABOUT 60 DAYS. WE HAVE TO ISSUE THE LETTER ANNOUNCING THE PROGRAM WITH THE PRICES AND THEN THEY HAVE TO OPT. THEY WANT TO OPT OUT. THEY SENT BACK A PLACE IN TERMS OF WHAT WE GET FOR THE CITY. IS IT TONIGHT? I MEAN, IF WE VOTE I MEAN, WE WOULD DO. YEAH, SO THE INTENT WOULD BE THAT WE IF WE'RE COMFORTABLE MOVING FORWARD, WE SELECTED SUPPLIER. WE WILL COMPLETE THE DOCUMENTS AND GET THAT IN TODAY, SO IT'S LOCKED IN. YES WE'LL KNOW. TOMORROW MORNING, BUT WE HAVE HEARD. WE'LL KNOW SOON AS WE GET OUT OF HERE BECAUSE THE INSTRUCTIONS FOR THE SUPPLIER WAS THAT YOU'RE HOLDING THESE PRICES AND SO FORTH. PM TODAY. OKAY? YEAH IT'S A REAL GOOD PRICE. YES YES. THANK YOU FOR ASKING THAT QUESTION. YEAH YES, SIR. A COUPLE OF QUESTIONS ABOUT THE E P AND THE OTHER ONES ON HERE, E P E. IT'S 100% NATIONAL WIND THEY'RE BUYING. ARE THEY BUYING CREDITS? IS THAT WHAT THEY'RE DOING? ALL THESE ARE OKAY. WHEN DOES A PS SOLAR FIELD PAID TO COME ONLINE OVER. OFFER 71. YEAH I THINK IT'S A TWO OR THREE YEARS IS PROBABLY WHEN I THINK OF THE MOVIE STARTED. I THINK IT WAS ABOUT A FIVE YEAR PROJECTIONS. SO IT'S GOT TO BE IN THAT THREE YEAR OLD AND PROBABLY A PS. NOTHING LOCAL WAS JUST INTERNATIONAL. THESE ARE ON NATIONAL DYNERGY. SAME THING, CORRECT, OKAY? UH UM, ENERGY HARBOR. UM THE BOTTOM ONE IS A NUKE THE NUCLEAR PLANTS. CORRECT URBAN PRE CORRECT, OKAY. PRETTY GOOD, RIGHT? SO. GO TO THE NEXT PAGE PAGE FIVE. JUST TRYING TO KIND OF HELP PUT THIS IN CONTEXT WITH THE IMPACT WOULD BE AGAIN WHEN IT COMES TO DEREGULATION. THE ONLY COMPONENT THAT YOU'RE INFLUENCING IS THE COST OF GENERATION. EVERYTHING KEEPING THE UTILITY UTILITIES PULLED AND WIRES. IT'S THEIR METERS. WE'RE NOT CHANGING THAT THEY'LL STILL HAVE A DISTRIBUTION CHARGES. WE'LL STILL HAVE TRANSMISSION CHARGES TO GET THOSE ELECTRONS UP TO UM, BUT THE UTILITY AND INTO YOUR METER SO, BUT I KIND OF WANTED TO HELP, AT LEAST ESTABLISHED FOR SOME PEOPLE A LITTLE BIT OF A VISUAL OF HOW DOES THIS WORK OVERALL? AND SO WE LOOKED AT, YOU KNOW, ASSUMING THAT THE GENERATION FROM THE EP IS GOING TO BE THAT 10.95 CENTS. IT'S GONNA BE IN THAT BALLPARK COMING, YOU KNOW, STARTED IN JUNE. WHAT DOES IT TYPICAL RESIDENTIAL CUSTOMER? EXPECT TO PAY. THEY USED 800 KILOWATT HOURS PER MONTH, WHICH IS THE TYPICAL CONSUMPTION OF A RESIDENTIAL ACCOUNT. SO YOU CAN SEE CUSTOMER CHARGE 10 BUCKS. GENERATION IN THIS INSTANCE IS $87.62. DELIVERY, WHICH IS DISTRIBUTION OF TRANSMISSION. 63 22. SO TOTAL OF 160,084 CENTS. THAT IS WHAT A TYPICAL RESIDENTIAL ACCOUNT WILL BE PAYING. COME JULY ACTUALLY COME JUNE, WHEN THE AP INCREASES THE RATES TO 10.95 CENTS LOOKING AT , AND I APOLOGIZE IN MY RUSH TO GET OUT OF HERE. I DO NOT CHANGE [00:15:08] THAT 6.89. BUT I DID THE MATH. CORRECT WE TAKE THE LOWEST 12 MONTHS. UM THAT THAT WE HAD, WHICH I THINK WAS BACK ON THIS. I THINK IT WAS A T P 6 23. YEAH, THAT WAS WHAT I USED IN THE MATH. UM YOU CAN SEE EVERYTHING IS THE SAME. THE BIGGEST DIFFERENCE, OBVIOUSLY, THEN IT'S JUST THE GENERATION CHARGE. THAT LINE ITEM GOES FROM 87 62 WITH THE UTILITY TO 54 69 IN THIS CASE, WHICH WOULD BE A BP ENERGY, THE TOTAL BILL $127 JUST SHOT 128, ROUGHLY $32 AND SAVINGS WHO ARE AGAIN 20. PRETTY PRETTY STRAIGHTFORWARD AND AGAIN WE TALK ABOUT THE FOCUS WAS SAVINGS AND UTILIZING RENEWABLES. I THINK WE CAN SAFELY SAY IN THIS CASE THAT FOR SURE. UM, THE NEXT 12 MONTHS, YOU GUYS WILL BE IN A GOOD SPOT TO BE ABLE TO STAND BY WHAT YOU COMMITTED TO DO SO. QUESTIONS. AND I MAKE A CLARIFICATION JUST BECAUSE GREG HAD TO EXPLAIN THIS TO CHUCK AND I, BECAUSE, FRANKLY, WE DIDN'T UNDERSTAND IT. WE KNOW THAT THE AP RATES ARE GOING UP. COME JUNE JULY AND THE REASON WHY WE FEEL COMFORTABLE WITH THE TWO YEARS IS BECAUSE WE KNOW THEY ONLY BY POWER TWICE A YEAR, AND WE DON'T SEE THAT NUMBER CHANGING BECAUSE YOU EXPLAIN TO HIM WHY. WE THINK IT'S GOING TO STAY. PROBABLY SOMEWHERE OVER 10 FOR THE FORESEEABLE FUTURE, AND HOW THAT WORKS. YEAH THERE'S OBVIOUSLY THE MARKET IS ONE COMPONENT IN THE MARKET HAS COME BACK AS WE CAN SEE IN THESE OFFICE THAT WE HAVE. SO THE BIGGEST THING THAT'S INFLUENCING A PS RATES REALLY IS, UM WHEN SUPPLY SO AP THE UTILITY TECHNICALLY DOESN'T OWN ANY ASSETS, SO THEY HAD TO GO OUT AND PROCURE POWER FOR THE RAPE BASE. WHEN THEY HOLD THESE OPTIONS. THE BIDDERS HAVE. WHAT THEY DO IS THEY FIXED PRICE TO SERVE A CERTAIN PERCENTAGE OF LOAD. WELL THAT LOAD IS CONSTANTLY CHANGING RIGHT AND SO THEY HAVE TO BUILD IN RISK TO MITIGATE AS THAT LOW CHANGES BECAUSE I HAVE TO HOLD MY PRICE STEADY, BUT I DON'T KNOW HOW MUCH LOAD I HAVE TO SERVE, SO THEY HAVE TO BUILD IN A RISK PREMIUM. AND THERE IS, UH THAT MIGRATION HAS BEEN PRETTY SIGNIFICANT. THE LAST THE LAST YEAR, UM AND SO THE RULES. HAVE NOT CHANGED, AND THEREFORE THE BIDDERS AND THE UTILITIES AUCTIONS ARE ALWAYS GOING TO HAVE TO INCLUDE A RISK PREMIUM. UM NOW THOSE RULES MAY CHANGE IN THE NEXT 24 MONTHS. I THINK THERE WERE PROBABLY MORE THAN LIKELY WILL AND THAT IS WHY I'M SAYING I'M COMFORTABLE WITH A 12 OR 24 36. THE MARKET MIGHT CHANGE ALSO BY THEN, AND I THINK THE RULES MIGHT CHANGE A LITTLE BIT, BUT I THINK WE CAN BE PRETTY PRETTY CONFIDENT, SAYING THAT, UM NO. IF WE GO INTO A SECOND YEAR MAY NOT BE 10.95, BUT I DON'T THINK WE'RE GOING TO BE ENCROACHING UPON UH, WHERE WERE THESE RATES ARE THAT WE HAVE DIFFERENT PARTICIPANTS TO DATE. HOW WAS THAT? YEAH I DIDN'T UNDERSTAND IT. SO HE HAD TO DO THAT FOR US YESTERDAY, SO I'M MAKING HIM REPEAT HIS PERFORMANCE. CIGARETTES. YES, THANK YOU. SO IS IT? IT'S OKAY IF YOU CAN GIVE YOUR LIKE PROFESSIONAL ASSESSMENT OF THE PROS AND CONS OF 24 VERSE, 12 IT'S A COMFORT LEVEL. I MEAN, I THINK YOU KNOW, THE GOOD THING IS WHERE WE ARE RIGHT NOW IS WE'RE ALIGNED WHEN YOU GUYS GO FORWARD, SO LET'S SAY WE DO THE 12 MONTH REALLY? IN ABOUT SIX MONTHS, WE WOULD WANT TO START LOOKING AT THIS AGAIN. AND AT THAT POINT, YOU KNOW, WE CAN KIND OF SEE YOUR KIND OF ALIGNED WITH WHEN THE UTILITY ANNOUNCES WHAT THEIR RATES ARE GOING TO BE. SO ALLOWS US TO KIND OF FROM A STRATEGY STANDPOINT, WE MAY KNOW JUST LIKE WE DID BEFORE WE COULD DO PROCUREMENT. OKAY DOES IT? HOW DOES THIS ALIGN WITH WHERE THE UTILITIES RATES ARE GOING TO BE COMING IN IN JUNE, SO IT'S A GOOD THING WHERE WE ARE FROM? I FEEL COMFORTABLE FROM THAT STANDPOINT WHEN WE'RE BUYING, WHICH IS THIS TIME FRAME RIGHT NOW. UM WHAT WAS THAT? JUST A MINUTE. THERE'S SOME PROFESSIONAL CON OF YEAH, YEAH. YOU KNOW, I THINK MOST CUSTOMERS ARE DOING 24 MONTHS. ON IT REALLY IS JUST I DON'T THINK YOU CAN GO WRONG. EITHER WAY, IT'S ALWAYS ABOUT COMFORT LEVEL. JOHN IS THE KEY AND I WOULD BE COMFORTABLE WITH EITHER ONE. JUST KEEP ASKING ME QUESTIONS. I'LL TRY TO GET YOU, YOU KNOW, SO YOU GUYS CAN DECIDE WHAT YOU THINK. CAN YOU BREAK 12 AND SAY SUDDENLY OR WHAT? WE WANT TO KNOW NO. SO WE WANT TO MAKE SURE THAT WE ARE COMFORTABLE BECAUSE YOU CAN'T THE AGREEMENT WILL NOT. YOU CAN'T BREAK IT OUT. EACH PARTICIPANT WILL HAVE THE ABILITY TO LEAVE AT ANY POINT IN TIME, IF THEY IF THE MARKET MOVES, THE AGGREGATION PROGRAM WILL EXIST FOR 12 OR 24 MONTHS. BUT IN THAT TIME FRAME, LET'S SEE THE MARKET GETS BETTER. RIGHT LET'S SAY IT FALLS OFF AND NOW THE MARKET IS CHEAPER THAN WHAT WE HAVE IS AGGREGATION RESIDENTIAL CUSTOMER COULD TERMINATE THE AGREEMENT AND THEN JUST GO OUT AND PURCHASE FROM SOMEBODY ELSE. BUT THE AGREEMENT THE AGGREGATION CONTRACT WOULD BE IN EXISTENCE. YEAH. SO THEY DO HAVE THAT ABILITY TO MIGRATE. BUT I HAVE ONE QUICK QUESTION OR NOT. SHARKEY. UM SO IN TERMS OF [00:20:12] THAT, AND I KIND OF ONE OF MY OWN OBSERVATIONAL THINGS IS AND THERE ARE AREAS WHERE THEY HAVE FORMED A LARGER POOL WITH OTHER JURISDICTIONS. AND WITH THAT OPENED UP AN OPPORTUNITY. UM FOR US, YOU KNOW, AND AGAIN, MAYBE THAT'S SOMETHING THAT VISION AND WORKING ON BEFORE TODAY, BUT BUT WHAT WOULD BE THE WINDOW? UM, IN TERMS OF DOING SOMETHING THAT'S A LITTLE BIT MORE REGIONAL. IN TERMS OF THE AGGREGATION FULL, AND WITH THAT LEVERAGE MUCH SIGNIFICANTLY BETTER PRICING IS I GUESS WHAT I WOULD DO QUESTIONS ANSWERED AND MAKE SURE I UNDERSTAND. SO YOU'RE ASKING, IS IT? DOES IT EVER MAKE SENSE AT SOME POINT TO JOIN A LARGER ORGANIZATION? AND IS YOUR THOUGHT PROCESS BEING BUYING POWER? OR IS IT OKAY? MY ANSWER . THAT WOULD BE YOU DON'T GET AN ADVANTAGE. IT'S BUYING ELECTRICITY WAS BASED ON HOW MUCH YOU'RE BUYING. YOU NEVER BEAT THE UTILITY BECAUSE UTILITIES ALWAYS GONNA HAVE THE LARGEST LOW. RIGHT SO IT WOULD BE IT ALWAYS COMES DOWN TO COMPANY. YOU WERE COMFORTABLE AND JOINING ANOTHER GROUP AND THAT YOU'RE NEGOTIATING SOME CONTRACT AND YES, IT'S THAT'S COMFORTABLE FOR YOU. THAT'S FINE, BUT IT'S NOT GOING TO RESULT IN YOU CAN'T GUARANTEE YOU'RE GONNA GET SOMETHING BETTER, RIGHT? YEAH. YOU GOT IT. ENERGY HARBOR. IS THE SUCCESSOR. FOR THE ONE THAT WAS IN THE BRIBERY WITH HOSPITAL SIX. CORRECT, OKAY? UM I'M ASSUMING THAT THERE'S STILL A LLAMA COME A LOT OF COMMONALITY THERE WITH PEOPLE. PURCHASE. YEAH I THINK THERE'S YES, THERE'S SOME FOLKS THAT ARE ENERGY HARBOR, UM, THAT WERE PART OF THE FIRST INTERNALLY, SAY, FOR EXAMPLE, THAT AND THEY'RE GETTING A SUBSIDY FOR THEIR NUCLEAR PLANTS. IF I'M NOT YEAH, THE SUBSIDIES ONLY EXIST FOR OPEC. NOW THE NEW FACILITY THAT WAS TURNED DOWN. BUT THERE'S NO SUBSIDY AT ALL. FROM A HOUSE BUILT SIX. NO IS THERE ANOTHER SUBSIDY TO THEM? I MEAN, NOT THAT I'M AWARE OF, BUT. FROM HOUSE BILL SIX. THE ONLY ONE THAT STILL HAS IS STICKING IS THE OLD BACK, WHICH IS THE COAL PLANT IN INDIANA POINT. YEAH, OKAY. ALRIGHT. YEAH. THE REST OF MY QUESTION IS NONSENSICAL. THE OTHER PARTS WEREN'T RIGHT. SO KIND OF GOING OFF. WHAT? UM MISHAP WAS SAYING. THE ONE THING THAT I DO IN MY OWN SETTING OF THIS IS THAT IF WE IF WE ONLY DO 12 MONTHS THE RISK YOU HAVE IS SOMEBODY ELSE'S BUYING THE CREDITS THAT YOU COULD HAVE BOUGHT FOR 24 MONTHS. IS THAT CORRECT? YEAH I MEAN, YOU RUN THAT RISK OF CREDIT WILL ALWAYS BE THERE, RIGHT? UH IT'S JUST IT'S THE DEMAND. SO LIKE WHEN WE STARTED DOING THIS, YEAH, EXACTLY, BUT THEY'VE COME OFF. SO WHEN WE FIRST STARTED LOOKING AT THIS, THE WRECKS PROMISES HIGHEST FIVE MILLS AND I THINK NOW WE'RE RIGHT BACK AROUND THAT TOO. 2 TO 3 IS WHERE WE'RE KIND OF SEEING THINGS COMING IN SO BUT THAT'S ALSO THE SAME THING. JUST WITH THAT. YOU HAVE THAT RISK ALWAYS RIGHT, BE IT. POWER PRICES WILL BE AT THE REX. UM YOU DO HAVE THAT VOLATILITY MAN GOES UP, WHICH COULD HAPPEN IF WE DON'T ACT LIKE IF WE WERE TO ACT TODAY. THEN OTHER CITIES AND MUNICIPALITIES SAY, HEY, THAT'S A LOT LOWER. I CAN SEE MY RESIDENTS OF MONEY. SO NOW THEY'RE SO THE DEMAND FOR THE RENEWABLE ENERGY GOES OFF. YEAH THE DEMAND AND THE DEMAND HAS BEEN GOING UP, RIGHT? IT'S BEEN GOING ON FOR QUITE SOME TIME. WE'RE NOT QUITE SOME TIME. BUT THAT'S THE LAST THREE YEARS HAS BEEN VERY, VERY STRONG. BUT I DON'T THINK AGAIN. I THINK, UM YEAH. YEAH IT'S JUST THAT THE MARKET HAS BEEN VERY, VERY VOLATILE AT THE LAST 16 TO 18 MONTHS. AND IT'S JUST NOT A LOT. I SEE THAT SETTLING DOWN HERE THE NEXT YOU KNOW? LET'S SEE THE NEXT PROBABLY 78 MONTHS. SO I WOULD LEAN MORE TOWARDS 24 12 KEEPS YOU IN A TIGHT CYCLE WITH THE UTILITY AND THEIR AUCTION RATES TO PROTECT THAT YOU'RE NEVER GOING TO BE INVERSE TO WHAT THEY'RE OFFERING AS FAR AS FROM THE SAVINGS STANDPOINT, BUT THE WAY THAT WE HAVE THE STRUCTURE OF THAT EVER DOES HAPPEN. YOU KNOW THE CUSTOMERS THAT THE REPAIRS COULD ALWAYS GO FIND A CHEAPER ALTERNATIVE THAT THEY WANTED TO SO. QUESTIONS QUESTIONS FROM COUNCIL. SESSIONS. YEAH I THINK WE HAD TWO PEOPLE WHO SIGNED UP TO SPEAK. I CAN HAVE YOU GIVE YOUR [00:25:01] NAME AND ADDRESS FOR THE RECORD, PLEASE. I'M SURE MY NAME IS KATHY COWEN BECKER. I LIVE AT 4 TO 75 WHITE SPRUCE LAND GROVE CITY, OHIO. UM AND I WORKED WITH EVERYONE HERE, ESPECIALLY TED AND ALSO MARK ABOUT THIS PROGRAM AND WE FIRST PROPOSES A COUPLE OF YEARS AGO PASSED AND GROW CITY BY 63% EVERY WARD EVERY PRECINCT ABOUT IT FOR IT. UM AND VOTED FOR THE CLEAN AND RENEWABLE ENERGY. SO I'M REALLY, REALLY EXCITED TO SEE THIS. TALKING ABOUT, OR HOPEFULLY COMING ABOUT TODAY, SO I JUST HAD SOME THOUGHTS ABOUT THESE VARIOUS OPTIONS. UM I AGREE WITH GREG ABOUT THE 24 MONTHS THAT THE FACTORS THAT ARE MAKING THE FOSSIL FUEL ENERGY MORE EXPENSIVE INFLATION, THE WAR IN UKRAINE. THAT'S PROBABLY NOT ENDING REALLY IN THE NEXT YEAR. I DON'T SEE THAT NOT BECOMING A FACTOR AND THAT THE 24 MONTHS WOULD LOCK IN THESE LOW PRICES FOR THAT. AMOUNT OF TIME. REGARDING THE CHOICES YOU HAVE UP HERE, UM. I GUESS THE ONE THAT AS A JUST AS A CITIZENS OF OHIO AND AS SOMEBODY WHO REALLY SUPPORTS THE RENEWABLE ENERGY CAMPAIGN I WOULD LIKE TO STAY AWAY FROM ENERGY HARBOR BECAUSE THEY ARE. THAT'S THE NEW NAME FOR FIRST ENERGY RESPONSIBLE FOR A $61 MILLION BRIBERY SCHEME. TAXPAYERS PAID. THEY BAILED OUT THOSE NEW PLANTS FOR A LONG TIME THAT THE NEW PLANTS BAILOUT AND DID GET REPEALED. BUT WE'RE STILL BAILING OUT TO COAL PLANTS TO THE TUNE OF ABOUT $45 MILLION A YEAR. UM AND I JUST DON'T THINK THAT WE SHOULD BE REWARDING A COMPANY LIKE THAT WITH, YOU KNOW, A TWO YEAR CONTRACT OR EVEN A ONE YEAR CONTRACT. SO IF IT WERE ME VOTING ON THIS, I WOULD VOTE FOR THE AP ENERGY 24 MONTHS ONE UM, REGARDING THE LOCAL. THAT WAS ONE THING WE DID ASK FOR IN THE CAMPAIGN, AND WE HAD A CAMPAIGN IN COLUMBUS AT THE SAME TIME, AND WE ASKED FOR THAT. THERE, TOO. SO RIGHT AFTER ALL OF THAT PAST, THERE WAS PROBABLY 50 SOLAR FARMS OR SOLAR PROJECTS PROPOSED IN OHIO. MOST OF THEM ARE GETTING APPROVED OF THE APPROVAL PROCESS IS VERY SLOW AND HAS BEEN SLOWED DOWN BY S. B 52. UM AND SO WE'RE HOPING TO HAVE MORE LOCAL COME ONLINE, AND THAT WOULD BE IDEAL. BUT THE UNDERSTANDING THE WHOLE TIME WAS THAT RENEWABLE ENERGY CERTIFICATES. IN THAT BRIDGE IN A ROOM THAT THAT'S THAT'S FINE THAT CREATES DEMAND FOR RENEWABLE ENERGY. YOU KNOW SOMEWHERE AND IT'S EVEN IF IT'S NOT QUITE ONLINE HERE YET. IT'LL BE ONLINE SOMEWHERE AND WE CAN USE THOSE CERTIFICATES. UM SO I THINK I THINK THAT'S REALLY ALL I HAVE TO SAY ABOUT THIS EXCEPT THAT WELL AND JUST TO LET YOU KNOW THAT THIS IS PASSING IN DELAWARE. IT'S PASSING IN HILLIER AND A LOT OF CITIES HAVE LOOKED TO GROWTH CITY AND WHAT YOU ALL ARE DOING, SO I'M VERY EXCITED TO SEE THIS. IF I MAY, UM KATHY DID TELL ME SOMETHING BEFORE THE MEETING. UM YOU SAID DELAWARE, ACTUALLY, JUST LOCKED IN AT PRICES THAT WERE HIGHER THAN THIS. IS THAT? YEAH, THEY GUESS IT WAS MAYBE TWO OR THREE WEEKS AGO, I WAS UP THERE CITY COUNCIL MEETING WHEN THEY JUST LIKE THIS, WHERE THEY WERE LOOKING AT THE OPTIONS, AND THEY VOTED FOR UM, I THINK A WIND IF I'M NOT MISTAKEN, AND IT WAS 7.1 SO TO SEE 7.0. THAT'S YOU KNOW, THAT'S A GOOD PRICE. PERSONALLY, I WOULD GRAB IT IF I WERE YOU. THANK YOU. AND IT'S ABSOLUTELY NO SURPRISE TO SEE CATHY HERE TODAY THAT OUR NEXT PERSON IF YOU CAN GIVE YOUR NAME AND ADDRESS FOR THE RECORD AS WELL. AMANDA FORD. MY ADDRESS IS 28 TO 5 WOODS CRESCENT GROWTH CITY. I'LL KEEP IT SHORT. I'M VERY MUCH IN FAVOR OF THE RENEWABLE ENERGY SOURCES. I'M VERY PROUD OF YOU ALL FOR TAKING THIS UP. I THINK THAT LONGER. KATHY KATHY, I'M NOT VERY FOND OF ENERGY HARBOR FORMERLY FIRST ENERGY. I WOULD LIKE TO STEER CLEAR THAT ALONG WITH THEM, NOT JUST THE BOTTOM LINE FISCAL COST RIGHT NOW, BUT THE FUTURE FISCAL COSTS AND YOU KNOW, WE DON'T KNOW EXACTLY HOW THE BYPRODUCT URANIUM IS GOING TO BE. HANDLED FOR THE MILLION OR SO YEARS THAT WE HAVE TO STORE IT SO I WOULD PREFER TO GO ALL RENEWABLE, AND I APPRECIATE YOU ALL LOOKING AT US. THANK YOU. HE'S SO MUCH ANY OTHER. GO AHEAD, MADAM CHAIR. I WOULD. UM AND I ASKED STEPHEN THIS QUESTION, SO IN ORDER TO ME NEED TO, UM DO WE NEED TO DO ONE MOTION OF SOME REALLY WILLING TO MAKE A MOTION? YES SO AS YOU SAW , AND I KNOW, WE DON'T NORMALLY GIVE YOU LEGISLATION WITH BLANKS IN IT BLANK. YEAH BUT UNFORTUNATELY AS YOU HEARD THIS MARKET AND HOW THIS INDUSTRY WORKS IS ABSOLUTELY AMAZING. SO WHAT WE HAVE IS WE HAVE GIVEN YOU FOUR OPTIONS ON THE SCREEN, AND WHAT WE WOULD ASK YOU TO DO IS WE WILL NEED A MOTION TO BASICALLY AMEND THE ORDINANCE TO [00:30:05] FILL IN THE BLANK. SO A PICKER PROVIDER BE PICK A TERM. UM AND THEN YOU KNOW, WE DID HAVE A THING IN THERE WITH THE BLANK WITH THE RATE, BUT NOW THAT WE KNOW WHAT THE RATES ARE, AT LEAST FOR TODAY BEFORE WE SIGN IT. WHEN YOU PICK THE TERM AND YOU PICK THE PROVIDER THE RATES OF PHIL'S FOR ALL INTENSIVE PURPOSES, SO UH HUH. WELL WE'LL HAVE TO FILL IT IN, BUT WE KNOW IT BASED ON THE CHART. UM SO, YEAH, WE WOULD DO THE MOTION TO AMEND WHAT YOU HAVE IN FRONT OF YOU. UM LIKE I SAID, THE PICK, THE PROVIDER PICKED THE TERM AND THEN THAT WILL SET THE RATE SO THAT WOULD BE THE FIRST STEP. MADAM CHAIRMAN. I WOULDN'T LET BEFORE YOU BEFORE YOU DO THAT. MAY I PLEASE INTERRUPT? YES, MISS KELLY. I WANT TO MAKE SURE THAT YOU WERE AWARE THAT YOU RECEIVED TWO EMAILS TODAY ON THIS TOPIC, ONE FROM CHRISTMAS SCHOLAR VOICING SUPPORT AND ANOTHER ONE THAT CAME IN JUST THIS AFTERNOON FROM MARY MINUTE. SHE SAID SHE CANNOT ATTEND TODAY'S MEETING, BUT I WANTED TO LET COUNCIL MEMBERS KNOW THAT I HAVE TO WORK ON THE AGGREGATION ISSUE VERY MUCH WANT US TO PROCEED WITH 100% RENEWABLE ENERGY INITIATIVES? I AM OPPOSED TO NUCLEAR, PLEASE SUPPORT OUR PROGRESS AND BECOMING RENEWABLE ENERGY LEADER IN GROWTH CITY. THANK YOU. THANK YOU, OKAY. AND IF WE CAN. COUNCILMAN SHOCKEY IS ATTACHMENT A EXHIBIT A. WHAT IS EXHIBIT A EXHIBIT A SO ONE OF THE THINGS AND WE'VE ALREADY BASICALLY SENT THIS IN AS APPROVED. WE DID A PLAN THAT WE HELD TWO PUBLIC MEETINGS ON LAST YEAR. UH THAT WE ALREADY HAVE COPIES OF, AND WE'VE ALREADY SENT IT INTO THE PUC. OH THIS JUST FORMALLY SAYS YES. THAT'S OUR PLAN, SO I APOLOGIZE. I SHOULD HAVE PROVIDED TO YOU. I HAD SAID IT. HECK A YEAR AGO WHEN WE DID THE TWO ADVERTISEMENTS FOR IT, AND I FORGOT TO RESEND IT TO YOU, SIR. BUT THIS IS ALREADY BEEN PUBLICLY HELD THE TWO PUBLIC HEARINGS ON THAT IF YOU REMEMBER CORRECTLY, WE JUST NEVER QUITE BLESSED BECAUSE FRANKLY, WE WEREN'T IN A POSITION TO MOVE FORWARD TO PROGRAM SO OUR INTENT WAS JUST TO ADDED TO THIS, BUT IT DOESN'T IT'S JUST OUR GENERIC PLANET. DOESN'T REALLY SAY MUCH TO BE HONEST WITH YOU, SIR. PROBLEM WITH VOTING ON SOMETHING THAT SAYS IT'S ATTACHED. BUT I CAN GET DID WE EVER HAVE IT ATTACHED TO ANOTHER PIECE OF LEGISLATION? I CAN SOLVE WHAT YOU SENT US. ALL RIGHT. IF WE CAN GO, I'LL LET YOU MOVE FORWARD ON THAT, AND I'D LIKE TO JUST TALK THROUGH A COUPLE OF THINGS, WHICH I THINK WOULD BE BENEFICIAL FOR THE PUBLIC RECORD AS IT RELATES TO THIS CONVERSATION WHILE WORKING ON AT THAT EXHIBIT A UM. ONE THING I WANTED TO KIND OF WALK THROUGH SO THAT BECAUSE YOU KNOW THERE, THERE'S BEEN A LITTLE BIT OF CONVERSATION ABOUT THIS AS COLUMBUS. MOVE THROUGH THIS PROCESS, UM AND THEY THEIR THEIR FINALIZATION OBVIOUSLY PREDATES OUR EXERCISE HERE TODAY. UM BUT , UH, ONE OF THE THINGS THAT WAS WIDELY COVERED WORK ADMINISTRATIVE CAUSE THAT WE'RE GOING TO BE PASSED ON THAT WERE A PART OF THEIR PROCESS AND AS WELL AS THE FACT THAT ON THE FRONT END THERE WAS A KIND OF AN AGREED UPON REDUCTION THAT WOULD BE BUILT IN AS THEY MOVED FORWARD. SO I THOUGHT IT WAS VERY VALUABLE FOR US TO AGAIN AND WE TALKED ABOUT THIS PREVIOUSLY BUT TO ADDRESS THE FACT THAT, UM, THE PROCESS THAT WE UNDERTOOK HERE IN GROVE CITY IN GETTING A THIRD PARTY INVOLVED IN THIS DISCUSSION WITH REALLY DESIGNED FOR THAT PROTECTION OF OUR RESIDENTS, AND IN IN GETTING RID OF THOSE, UM, BUILT IN COSTS THAT THEY WERE UNAWARE OF AND THAT THEY WOULD SEE ON THEIR BILL. WHEN THEY GOT CHARGED. ULTIMATELY, AS YOU BEGIN THE PROGRAM. SO I WANTED TO TOUCH ON THAT. AND THEN THIS CONCEPT OF OPT OUT, UM, REALLY KIND OF WANTED TO MAKE SURE THAT WE WALK THROUGH IN THIS SETTING THAT THERE WOULD NEED TO BE AN INFORMATION CAMPAIGN, OBVIOUSLY TO OUR RESIDENTS SO THAT THEY KNOW WHAT TO EXPECT. UM I KNOW THAT YOU CAN OPT OUT OF THE AGGREGATION PROGRAM VIA P U C O ON THE FRONT END BEFORE YOU WOULD EVER RECEIVE A NOTICE IF YOU DON'T WANT TO BE INCLUDED IN AGGRAVATED AGGREGATION, SO I THINK THAT'S IMPORTANT FOR THE PUBLIC TO BE AWARE OF THAT. AND THEN IF I UNDERSTAND CORRECTLY, THEY WILL BE NOTIFIED. THERE WILL BE A WINDOW OF TIME IN WHICH THEY CAN OPT OUT OF THE PROGRAM AND THEN THEY WILL BE NOTIFIED AGAIN OF THE DATE OF THE SWITCH. AND THEN THEY WOULD [00:35:02] HAVE STILL A SMALL WINDOW OF TIME THAT THEY COULD OPT OUT. SO UM, REALLY JUST WANTED TO MAKE SURE THAT FOR THE RECORD, WE TALKED ABOUT THE FACT THAT THERE IS A AN INFORMATION PROCESS THAT WILL THAT WILL OCCUR WITH THE CITY OF GROUP CITY. UM WE WILL WANT TO MAKE SURE THAT WE FEEL ANY QUESTIONS THAT WE CAN AS WE'RE MOVING THROUGH THOSE DAYS. AND THEN THE RESIDENT WOULD RECEIVE NOTIFICATION AND WOULD CONTINUE TO HAVE THE OPPORTUNITY AS THIS ROLLS FORWARD TO OPT OUT , UM AT THEIR DISCRETION IF THEY SO CHOOSE. UM YES, I MAY I STOP TAP DANCING WITH MY I ACTUALLY I WANTED TO. I WANTED TO REITERATE THE POINT YOU MAKE SAY, I FORGOT TO SAY THAT AND I MEANT TO WITH EVERY OTHER AGGREGATION PROGRAM WITH YOU SEE WITH, ARGUES COLUMBUS AS AN EXAMPLE THERE ARE TWO ADDITIONAL CHARGES THAT ARE IN THERE. UM THEY DIDN'T HIRE SOMEONE LIKE GREG LIKE WE DID, WHO WE PAID FOR AT A FLAT RATE AND ARE DONE, THEY HAVE ACTUALLY HIRED SOMEONE THAT'S TACKING ON A FEED TO EVERY KILOWATT HOUR FOR THE RESIDENTS, AND THEN THEY ALSO HAVE SET UP THEIR COMMUNITY FUND. WHATEVER THAT IS. YEAH WHICH YOU KNOW THEY ARE ONCE AGAIN TACKING ON MORE CHARGES TO THEIR KILOWATT HOUR. WHAT WE ARE PRESENTING TO YOU HAS NONE OF THOSE INCLUDED. SO THE RATE THAT WE HAVE HERE IS WHAT YOU'RE GOING TO BE CHARGED IN. OUR RESIDENTS ARE NOT GOING TO BE LIKE, WHAT ARE ALL THESE ADDITIONAL CHARGES, SO I JUST YOU'RE RIGHT. THAT'S A VERY IMPORTANT POINT THAT I MEANT TO HIGHLIGHT. AND I FORGOT. SO THANK YOU. THEY'RE STILL WORKING ON THE EXHIBIT. I AM MY COMPUTER IS NOT COOPERATING AS QUICKLY AS I'D LIKE, BUT I WILL HAVE IT MOMENTARILY. AND THEN I ALSO JUST KIND OF AS FAR AS MY OWN PERSONAL COMMENTS. FROM THE PRICING THAT WE HAVE FROM THE ENTITIES THAT WE HAVE. AND WE'VE KIND OF CASUALLY TOUCHED ON IT, BUT AND I THINK THERE ARE KIND OF NO SHORTAGE OF DIRTY HANDS IN THE ENERGY BUSINESS AS IT RELATES TO HOW HOUSE BILL SIX, BUT UM, I IF I'M IF MY RESEARCH IS CORRECT, THIS TRA, WHICH IS A TEXAS BASED, UM PARENT ENTITY IS THE OWNER OF BOTH DYNERGY AND ENERGY HARBOR. AND IT WILL BE THE OWNER OF THE ENERGY HARPER GOING FORWARD. UM, AND FOR ME, THAT'S A CONTRAST IN COMPARISON TO AP ENERGY. I CAN ALWAYS SING . YEAH I, UM ENVISION JUST SOME KIND OF FAKE US LIKE YOU'RE SAYING, I THINK THERE'LL BE A LOT OF QUESTIONS WOULD BE NICE TO GET OUT IN FRONT GOES OUT TO YOU KNOW ARE WE PLANNING ON A MAILING OR HOW TO HOP OUT? THAT'S A GOOD QUESTION. YES THE PROCESS WILL BE THE SUPPLIER THAT YOU GUYS END UP. SELECTING WILL HANDLE ALL THE NOTIFICATIONS. SO THEY'LL GET THE LETTER PREPARED. WILL MAKE SURE THAT YOU KNOW THE MESSAGING IS CORRECT. THEN THEY'LL SEND IT OUT TO BE HOMEOWNERS TO EACH ACCOUNT ADDRESS. UM AND THEN THEY CAN EITHER OPT OUT OR THEY GET ENROLLED. AND THEN, AS YOU POINTED OUT BEFORE, FROM THAT POINT ON, THEY CAN ALWAYS OPT OUT AT ANY POINT UNDER THEY FEEL COMFORTABLE. AND ALSO, OBVIOUSLY I CAN'T COMMIT DON TO WORK, BUT HE'S BEEN WORKING WITH US ON THIS PROGRAM. I MEAN, A LOT OF THIS IS GOING TO BE EDUCATING OUR RESIDENTS. UM I'M NOT SURE THAT MOST OF OUR RESIDENTS KNOW THAT COME JUNIOR JULY THAT AP IS ABOUT TO YOU KNOW, INCREASE THE RATES SIGNIFICANTLY. WE DO JUST BECAUSE WE'VE BEEN NECK DEEP IN THIS PROCESS. BUT YOU KNOW, I'M SURE THAT DON THROUGH ALL OF OUR SOCIAL MEDIA AND OUTLETS THAT WE HAVE IN TERMS OF INTERACTING WITH THE PUBLIC, WILL CERTAINLY, UM YOU KNOW, GET THE MESSAGE OUT . SO THEY UNDERSTAND THAT. YOU KNOW WHAT WE'RE DOING ON THEIR BEHALF IS A GOOD THING, SO A LOT OF IT'S GOING TO BE AN EDUCATIONAL CAMPAIGN. I MEAN, WILL THAT AP OR WHOEVER YOU CHOOSE, DO WHAT THEY DO IN TERMS OF NOTIFICATIONS, BUT WE ALSO HAS A CITY HAVE AN OBLIGATION TO MAKE SURE RESIDENTS UNDERSTAND THIS. ALL RIGHT. DO YOU HAVE ANY INFORMATION? AND WHILE HE'S WALKING UP, COULD YOU COME FORWARD? PLAN OF OPERATION IS BEING PRINTED. YOU HAVE IT MOMENTARILY. THANK YOU. ALL I WANNA DO DO MENTIONED TWO THINGS. CHRISTINE. I WANT TO TAG ONTO YOUR COMMENT ABOUT THE EXTRA CHARGES. THAT CONTRACT FOR ONE OF THE CHARGES IS A 13 YEAR CONTRACT. THAT RESIDENTS OF COLUMBUS LEVEL AND THE SECOND THING IS $33 FOR THE CITIZENS AND SMALL BUSINESSES OF GROVE CITY. THAT'S OVER 100 HALF A MILLION DOLLARS A YEAR. GREG SAVINGS. TO PROVIDE CLEAN ENERGY OVER BRIANNA. BROWN ENERGY RIGHT [00:40:01] NOW. THANKS. THANK YOU. OTHER INFORMATION. ALL RIGHT. SQUARED AWAY. WE'RE STILL FRIENDS. WOULD YOU LIKE TO PROCEED WITH THE MOTION TO AMEND FILL IN THE BLANKS PORTION. ARE YOU READY TO DO THAT? AND KNOWING THAT THE ATTACHMENT IS YES, HERE IN HOUSE NOW AND WILL BE HANDED TO YOU MOMENTARILY. I'LL MAKE A MOTION MADAM CHAIRMAN. TO AMEND THE DOCUMENT TO HAVE A WIND, AND IT'S AND BE PUT IN 24 MONTHS. OKAY, JUST SO OKAY? JUST SO I'M CLEAR IF IT'S OK, MR CHAIRMAN. SET THEM. MR BARRY, YOUR EMOTION IS TO AMEND SECTION TWO. TUESDAY COUNCIL HEREBY FINDS THAT E P ENERGY SLASH 100% NATIONALLY WIND. CORRECT AND THEN SECTION THREE WOULD READ 24 MONTHS WITH A P 80 ENERGY AGAIN DETERMINED 24 MONTHS. BEFORE A CONTRACT AMOUNT OF 7.21 THAT'S WHAT'S ON THAT PAGE. YEAH. IS THERE A SECOND TO THAT MOTION? I BELIEVE WE HAD ONE WHAT? THEIR 2ND 2ND. THANK YOU. MR SIEGRIST. YES. BUT YOU'RE VERY MRS HELP. MR SHARKEY. ALL RIGHT NOW I WISH I HAD THE OFFICIAL LANGUAGE FOR THE EMERGENCY. THAT HAS TO BE NEXT CORRECT. AND THAT IS, UM. THE RULES OF COUNCIL BE SUSPECTED, SUSPENDED IN THE WAITING PERIOD. THE WAITING PERIOD WAIVED SO THAT WE CAN IMPROVE BUSINESS EMERGENCY TODAY. MY MOTION. MR PERRY. THIS IS HOW YES, MR SHARKEY. ALL RIGHT. AND NOW THIS ORDINANCE HAS HAD ITS READING IN PUBLIC HEARING AND I MOVE THAT IT BE APPROVED EMERGENCY. THANK YOU, STEPHEN. THIS IS HOW YES. MR SHARKEY. MR SECRETS? YES. MR BARRY? YES. LIVING BREATHING EVIDENCE ABOUT HOW MISS KELLY KEEPS US ALL ON THE STREET AND NARROW WITH OUR SCRIPTS. AND ON DAYS LIKE THIS, WE FLY BY THE SEAT OF OUR PANTS, AND STILL WE GET IT DONE SO EXCITING NEWS, AND I WOULD LIKE TO JUST POINT OUT I DID GIVE YOU THE DRAFT OF THE PLAN, OBVIOUSLY, NOW THAT WE HAVE A SUPPLIER CHOSEN THAT INFORMATION, WILL BE UPDATED IN THE AND WE ARE READY TO MOVE FORWARD. SO THANK YOU FOR ACCOMMODATING US WITH THIS SPECIAL MEETING TODAY. THANKS FOR CARING. THANK YOU, PRESIDENT BARRY CLOSING. WE ARE. OUR NEXT MEETING, OF COURSE, WILL BE MONDAY. OUR REGULAR MEETING AND IT'S NOT OFTEN, UM, FOLKS THAT WE ACTUALLY GET TO SAVE PEOPLE MONEY SO THIS IS THIS WAS WELL WORTH THE WELL WORTH THE TIME. AND THANKS TO STEPHEN THE ADMINISTRATION AND DON AND I'M KATHY IT. IT FINALLY HAPPENED. YEAH WE'RE ADJOURNED. * This transcript was compiled from uncorrected Closed Captioning.