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commentsOnPizza t1_ir44oha wrote

It could be that they didn't find any supplier willing to commit to a contract that was with a rate they thought was favorable. I think I noticed one town lock in an 18¢ rate for 2 years which probably won't be great for most people.

> due to market conditions, which prevented the Town from obtaining satisfactory aggregation pricing

If we're expecting around 34¢ this winter and then 11¢ for 18 months after that, locking in an 18¢ rate for 24 months might leave customers in a nice place this winter and an expensive place for a year and a half after that (assuming that most customers don't know they can opt out).

It's still a bit surprising, but it might be that they started negotiations a month or even a few weeks later than most towns and energy prices soared in the meantime. Europe is looking at a winter where it will be ungodly expensive to heat their homes - and Germany is still shutting down its nuclear plants despite the crazy energy prices they're seeing.

I'm still surprised that Burlington couldn't find a satisfactory price.

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