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Natural Gas Aggregation

Aug 28, 2024

Resident info for Natural Gas Aggregation:

Letters

  •  AEP Energy is going to mail them based on an accounts meter read cycle. This means that some people will start seeing letters as early as August 23rd while other may not get them until after August 30th. The opt-out period ends 21 days after the date on the letter.

 

Website ( please visit this for additional information )

 

  • Communities with existing Natural Gas Program
    • Estimates are for Duke to come in between $0.68 per ccf and $0.72 per ccf based on current market conditions.
    • AEP Energy remains Supplier through October 2025
    • The $0.5894 per ccf rate is a 30% decrease from the current aggregation rate of $0.839 per ccf.
    • Aggregation offers a fixed price option compared to Duke’s variable natural gas rate.
    • Duke’s August Rate is $0.69 per ccf and September is $0.68 per ccf.

 

  • Communities WITHOUT an existing Natural Gas Program
    • Estimates are for Duke to come in between $0.68 per ccf and $0.72 per ccf based on current market conditions.
    • AEP Energy was selected as Supplier through October 2025
    • Rate is $0.5894 per ccf
    • Aggregation offers a fixed price option compared to Duke’s variable natural gas rate.
    • Duke’s August Rate is $0.69 per ccf and September is $0.68 per ccf
    • Some additional information just received from AEP Energy. Though anyone that does not receive an opt-out letter is able to opt-in to the aggregation program, AEP Energy can not accept those OPT-IN enrollments until after Monday September 16th which is the next business day after the first opt-out window closes.  This assures that they are enrolled on the correct rate and not the rate that expires in October. This opt-in wait period is valid for all communities even if you don’t have an existing natural gas aggregation program.
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