Cincinnati picks FirstEnergy for clean power
FirstEnergy Solutions won the bid to provide 100 percent "green" power to Cincinnati residents.
Cincinnati will be largest city in the country to provide a 100 percent “green” electricity supply for its residents.
The city announced Thursday that FirstEnergy Solutions is the winning bidder in an aggregation program for up to 53,000 households and small businesses.
The city asked suppliers to offer their lowest price for electricity and make a commitment to purchase renewable energy credits to finance the production of electricity from wind, solar, biomass or other renewable resources.
The city said FirstEnergy’s “green” bid will save homeowners about $133 annually, compared to Duke Energy Corp.’s standard service offer for a 24-month period. The city could have gotten up to $23 in additional monthly savings for homeowners by sourcing a conventional energy option, according to a savings grid it attached to its news release, here.
But Cincinnati Vice Mayor Roxanne Qualls praised city officials for going with the green option, a popular choice based on public hearings held by city council as part of the aggregation process.
“We have a provider that will not just save money but can also do it in a way that is good for the environment,” Qualls said.
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