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Vectren's Ohio utility gets 50-year gas distribution contract for Air Force base

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Vectren's Ohio utility gets 50-year gas distribution contract for Air Force base

Following a stringent acquisition process, Vectren Energy Delivery of Ohio Inc. received the approval of Ohio regulators to own and operate the natural gas distribution system at the Wright-Patterson Air Force Base near Dayton, Ohio.

The Public Utilities Commission of Ohio approved the awarding of a 50-year contract to the Vectren Corp. utility, which would begin in 2019 and terminate at the end of 2068, according to a March 19 news release. The acquisition process started in 2013 and Vectren Ohio was informed of its selection in October 2017.

The Wright-Patterson Air Force Base has more than 27,000 employees, making it the largest single-site employer in Ohio with an economic impact of over $4.2 billion a year. The base includes parts of Greene and Montgomery counties and includes more than 8,000 acres of land.

Vectren Ohio serves about 315,000 customers in a number of counties in west-central Ohio, its service territory making up 20% of the state. Vectren is an energy holding company based in Indiana.