2000 046 Ordinance - Laserfiche WebLink

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;Northeast Ohio Public Energy Coe~nci! To provide consumer education and enhance consumer protection and options for service under contract provisions; To provide managerial, technical, and financial resources to acquire service and financial guarantees sufficient to protect consumers and the electric distribution utility; To improve quality and reliability of service; To encourage environmental protection through contract provisions; To utilize and encourage renewable energy development if and to the extent practicable through contract provisions and voluntary programs; To utilize and encourage demand-side management and other forms of energy efficiency through contract provisions and organizational policies; To advance specific community goals that maybe selected from time to time; To provide full public accountability to.consumers, and; O To utilize local government powers and authorities to achieve these goals. 2.2 Aggregation Program Operations The Aggregation Program is designed to reduce the amount participating consumers pay for electric energy, and to gain other .favorable economic and no and th distribution util ty. contracts, including financial guarantees to protect consumers NOPEC shall seek fixed energy prices for each class of customers lower than the comparable price available from the local,distributioneompany through dlindustrial customerp due todthe provided for each class of customers. Large, commercial an varying characteristics of their electric consumption, may receive individual prices from the selected Supplier(s). As a ent for its members, NOPEC does not buy and resell power, but r d service g Y PP Y consumer interests as a master purchasing agent to set the terms for electricrt su an from a competitive Supplier(s). Through a request for ~°m° all re uirements retai electric NOPEC develops a contract with a competitive Supplier fo q supply service. The contract is expected to be for a fixed t erm eds of articipating consumers in NOPEC may contract with one or more suppliers to meet th P member communities. 2.3 Aggregation Program Funding to ain market leverage, share NOPEC offers member communities the opport~tY g resources, and reduce administrative and other costs for developing, implementing and providing oversight for the Aggregation Program. Funding for these activities is anticipated to be provided by the selected Supplier(s). with an appropriate kilowl be aofraction of a mill (less than one consumers to cover .costs of the program. This charge wil tenth of one cent) per kilowatt hour. Such funds will be collected by the Supplier and paid to NOPEC. In the event additional funding for NOPEC is required, each NOPEC member w 11 be assessed an annual fee pursuant to the agreement establishing NOPEC. The funding utilized for all Aggregation Program Operations. 6