Norwood City Council Meeting Agenda March 24, 2026
Norwood Approves 24-Month Electric Aggregation with Dynegy
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Description
Norwood City Council approved a retail electric aggregation contract with Dynegy Energy Services East, LLC for a term of up to 24 months at a maximum rate of 10.499¢/kWh. The agreement will provide stable power costs for Norwood residents and businesses.
Contract Details
Contract Amount
Not to exceed 10.499¢ per kWh (rate ceiling)
Vendor
DYNEGY ENERGY SERVICES EAST LLC
Agency
City of Norwood, OH
Contract Type
UTILITIES
Document Date
March 24, 2026
Contract Term
May 2026 – May 2028 (up to 24 months)
Renewal Date
2028-05-31
Renewal Info
The contract allows for subsequent stabilization or renegotiation agreements as recommended by Energy Alliances, Inc. Option to opt-out for residents and businesses at any time without penalty.
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