Youngstown city leaders set fixed-rate natural gas program for residents with IGS Energy
City of Youngstown leaders wants residents and businesses to keep an eye out for a letter from IGS Energy about a new fixed-rate for their gas bills in the upcoming year.
What is a natural gas aggregation program?
Youngstown residents can start paying lower rates for their monthly natural gas bill, according to the release.
An aggregation program lets the city work with a supplier for gas or electricity to solicit the lowest price for the community’s monthly needs, according to Springfield Township’s website.
“We are pleased to make this rate available for our residents and small businesses. The fixed-rate will give them price protection and budget stability for the next year. There is no charge to Join the program and, as before, our program has no early termination fee,” city officials said.
Officials in Youngstown chose IGS Energy to offer residents a 12-month fixed-rate for low-cost natural gas for community members, at $3.44 per Mcf.
Eric Burns is the director of aggregation for Independent Energy Consultants.
“Residents and businesses should carefully read their letter from IGS Energy,” said Burns. “Anyone currently participating in the program will receive letter from IGS Energy explaining the new rate and program term and do not need to take any action in order to continue on with the new term.”
The new rate will run through the September 2025 meter reads. Residents and small commercial customers can expect a letter from IGS Energy to arrive on or shortly after Sept. 18.
The letter will explain the new rate, as well as terms and conditions of the offer.
The Public Utility Commission of Ohio provides a list of other publicly available offers on their website.
City leaders said anyone considering those supply offers should be aware of any early termination penalties, fixed monthly charges or automatic renewal provisions that can quickly offset any perceived savings.
Support our journalists with a tax-deductible donation
Sign up for our Mahoning Matters newsletter
