Letter: Community Choice Aggregation Introduction Meeting
Warwickians explore a new way to reduce electricity costs.
To the Citizens of Warwick,
There will be a public hearing on the 16th day of January 2024 at 7:30 p.m., at Village Hall, 77 Main Street, Warwick, New York 10990 to introduce Community Choice Aggregation (aka “CCA”). I think it is important to attend this meeting and become informed about CCA, especially if you are a Village resident.
At its heart, CCA is very simple --
The Village will join with other municipalities to negotiate with electricity suppliers.
If the negotiations lead to an agreement at a good price, Village residents will potentially gain access to a lower cost for electricity than they would find individually.
O&R will continue to be the only electricity delivery company for Warwick, but O&R will no longer be the default supplier of electricity.
CCAs sometimes can provide renewably generated electricity and/or give participating customers community solar credits -- which is what makes this such a big (and good) deal.
Everyone has the choice to opt out of the new default supplier, and could go back to O&R or select another ESCO.
While CCA is essentially simple, understanding it can quickly get complex.
How many of us understand the difference between our electricity delivery company and our electricity supply company? I mean, who reads and understands their electricity bill???
How many of us understand what an ESCO is or know how to get information on which ESCO might best suit our interests?
How do wholesale electricity markets work and how could participating in Community Choice Aggregation save money for everyone in our community?
As described above, CCA is simple but complex, which means it really behooves an informed citizenry to understand how it works. So please try to attend the meeting on Tuesday the 16th of January 2024 at Warwick Village Town Hall. The meeting starts at 7:30 PM.
Thank you,
Michael Helme
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