Natural gas supplier, Volunteer Energy Services Inc. (VESI), was the natural gas aggregation supplier for local Columbia Gas customers. Those customers serviced by Columbia Gas and enrolled in the Bowling Green’s natural gas aggregation program were recently made aware that VESI filed Chapter 11 Bankruptcy on March 25.
The City of Bowling Green was not aware of the VESI financial issues and did not have input into canceling the pricing for the natural gas aggregation program, according to city officials.
Although VESI will no longer be providing natural gas to aggregation participants, residents will not experience an interruption in natural gas service. Participants will be transferred to the Columbia Gas Standard Choice Offer, which has a variable rate based on the natural gas market, adjusted monthly.
Bowling Green will be working to find a replacement natural gas aggregation supplier. The goal is to have something in place before the next heating season.
Columbia Gas customers, affected by this change, can remain on the Columbia Gas Standard Choice Offer until a new price is secured with the city’s aggregation program or they can search for an alternative natural gas supplier available thru the Energy Choice Ohio website: https://energychoice.ohio.gov/ApplesToApplesCategory.aspx?Category=NaturalGas