As you have probably already heard, electricity rates are set to increase dramatically on June 1. On that day, the rate per kilowatt hour for Ohio Edison rates will be 12.39 cents. However, because of the contract I accepted a couple of years ago, the aggregate rate for Silver Lake will remain at 4.89 cents per kWh. It will remain so through the end of our contract ending March 31, 2025. This means that your electricity rate will not change for almost 2 full years. Likewise, I also signed an excellent contract for natural gas. Despite the increased natural gas prices seen in many areas, the rate for Silver Lake will remain at $2.845/mcf through March 2024. Enjoy the savings!