Electricity prices on the rise due to increase in demand and decreased supply

Due to increased demand for electricity and power plant retirements, Athens residents can expect to see their electric bills rise by 15-20%.

Chloe Musick, director of public affairs and marketing at the Sustainable Ohio Public Energy Council, said these price increases are coming about as a result of an increase in capacity prices, which are one of the components that make up a customer’s electric bill.

“Ultimately, we’re looking at a few cents difference per kilowatt hour, which doesn’t sound like a lot, but they add up,” Musick said…

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