The Commercial-News, Danville, IL

Local News

May 1, 2013

Tilton OKs Good Energy

Residents to see reduced prices in July’s bill

TILTON — Village board members approved an electrical aggregation program Wednesday following two public hearings.

Tilton is one of the 11 communities in Vermilion County that had a referendum for municipal aggregation. The hearings, which are required by state law, were for the purpose of informing and answering residents’ questions on how the referendum’s decision will be implemented.

Tilton, like many other communities, has chosen to work with Good Energy, LLC of Peoria to guide them through this complex process.

Good Energy is not an electricity supplier, but a consultant and broker. According to Jerod McMorris, an energy consultant with Good Energy, after Tilton and each of the other communities have conducted their two public hearings, each municipality will approve an ordinance that sets up a plan of operation and governance. Each municipality will also authorize the mayor to sign a contract with the electricity provider that offers the lowest rate per kilowatt hour and the length of contract that the village chooses.

Tilton and the other Vermilion County municipalities that conducted successful referendums will be placed in a pool of other Illinois communities for the purpose of seeking bids in providing electrical service.

McMorris said there will be about 105,000 households participating in this pool seeking a supplier for electrical service.

“When the General Assembly passed the law allowing municipal aggregation, it recognized the purchasing power of a group of customers,” McMorris said.

“Purchasing anything in a large number will generally yield a lower price,” he said. “For example, look at Sam’s Club and Walmart, where volume purchasing results in cost savings for the consumer.”

Good Energy has conducted two rounds of bidding for some 110 Illinois communities representing some 400,000 households.

McMorris said the last round of bidding, conducted last November, resulted in a bid of about 3.9 cents per kilowatt hour for its participating communities. That compares with Ameren’s current average kilowatt hour price of 5.75 cents.

The county has an agreement with Integrys Energy to supply electricity for county residents in unincorporated areas at a rate of 4.26 cents per kilowatt hour.

On May 15, representatives of Good Energy as well as the participating communities will gather and receive the bids from up to five electrical power suppliers. All of the communities participating will have to agree on one electricity supplier, however each community can decide on the length of term of its contract.

After a bid is agreed upon by all the municipalities, then each mayor will sign a contract.

McMorris said after the contracts are signed, the winning electricity provider will then send each household a letter, probably within 30 days, which will contain instructions on how to opt-out of the program. Opt-out means to not participate in the program. To be a part of the program, residents will do nothing. This is the first chance to opt-out.

Ameren will then send a follow up letter to verify the resident’s decision either to be in the program or opt-out. This will be the second chance to opt-out.

McMorris said the estimated savings for those households that participate in the program is somewhere between 20-25 percent of an electric bill.

According to McMorris, if residents miss or disregard both opportunities to opt-out of the program, they can still do so within the first three months. After that time, there will be a $25 termination fee.

Residents should start to see the reduced price for electricity in their July bills.

McMorris reminded residents they still will receive only one bill from Ameren as in the past.

Residents who have signed agreements with other electrical suppliers such as Integrys or Direct Energy must contact their respective supplier to see how to terminate those agreements if they wish to be a part of the program. Those households will not receive opt-out letters.

Also, participants in the Power Smart Pricing program will not receive opt-out letters.

1
Text Only
Local News
  • Kindergarten roundup nears

    April 20, 2014

  • Head Start services offered

    April 20, 2014

  • City to discuss chicken ordinance, animal control DANVILLE -- Residents love their pets -- ranging from the furry to feathered kind -- and let city officials know about it. Mayor Scott Eisenhauer said two of the biggest issues he's received phone calls about since he's been mayor have been about the

    April 20, 2014

  • NWS-CN0420 - Vignette2 image Danville thrift store glass gets a second life Chris Moore of Danville admits he's never been known as an artistic person among friends and family. But after seeing some glass garden decorations at a landscaping business about a year ago, something clicked and he decided to try his hand at creati

    April 20, 2014 1 Photo

  • Three injured in shooting on east side DANVILLE -- Police have made one arrest in connection with a triple shooting incident Friday night on the city's east side. Police and emergency personnel responded around 6:30 p.m. Friday to the 1000 block of Moore Street to reports of shots fire. T

    April 20, 2014

  • NWS-CN 0420 - Vignette3 image Odds and ends turn into great useful objects Four Danville Area Community College students took some wooden pallets, a used tire, two broken clocks and a fallen tree limb and created four completely usable objects that will be entered in the college's Trash to Treasures repurposing challenge on

    April 20, 2014 1 Photo

  • NWS - CN0420 - Repurpose5 image Trash into treasure What started out as an idea for a class project quickly snowballed into a campuswide initiative at Danville Area Community College, with the results being on display this week. To mark Earth Day this year, the Biology Department and the Sustainabilit

    April 20, 2014 2 Photos

  • NWS - CN0420 - Rock Church cross image Floral cross celebrates Easter DANVILLE — A cross at The Rock Church is blooming with the beauty of spring and the promise of Easter.

    April 20, 2014 1 Photo

  • NWS-CN 04-20 Vignette1 image Couple creates rustic salvaged furniture Kim Hannah of Danville has been salvaging and reusing materials -- most notably barn wood -- for close to two decades. Hannah has sold her handmade crafts and primitive, rustic furniture made of salvaged barn wood at shows around the Midwest for 18 y

    April 20, 2014 1 Photo

  • Auxiliary buys ‘Wagons for Warriors’ Auxiliary buys ‘Wagons for Warriors’

    A benefit last month raised $771, which was donated to Wagons for Warriors.

    April 20, 2014 1 Photo

E-edition
AP Video
Raw: More Than 100,000 Gather for Easter Sunday Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Deadly Avalanche Sweeps Slopes of Mount Everest
NCAA basketball
NDN Video
Jabari Parker's Top 5 Plays From Duke Career Kourtney Kardashian Is a Bikini Babe More Manpower Than Ever Expected At 4/20 Rally Debunk'd: Miley Cyrus AIDS, Cheeseburgers Cause Cancer, Military Warning Bill Previewing the NBA playoffs Raw: Orthodox Christians Observe Easter Rite My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend Chelsea Clinton Announces Pregnancy Funny: Celebrating Easter with Martha Stewart and Friends Man Accuses 'X-Men' Director Bryan Singer of Sexually Abusing Him As a Teenager Man hit with $525 federal fine after he doesn't pay for soda refill Lea Michele & Naya Rivera Feuding? Jabari Parker declares for the NBA draft Singing Nun Belts Out Cyndi Lauper New West, Texas Explosion Video Swim Daily, Throwback Thursday
Must Read