Edwardsville official Sets Record Straight on Electric Aggregation

Homefield Energy was recently chosen to supply energy in Edwardsville at substantially reduced rates to all residents currently using Ameren Illinois. A recently approved referendum allowed the city council, with the help of Good Energy, an electric aggregation consulting firm, to negotiate with energy suppliers for the best group rate available. Since the contract was signed, however, there has been some confusion among residents.

City Administrator Bennett W. Dickman, in an effort to help better explain the municipal aggregation process, recently released a prepared statement. Of primary concern, the approved aggregation “will save the average electricity consumers about $100 to $150 per year on a residential bill,” says Dickman. Except members of the Southwestern Electric Cooperative, all residents were automatically included in the municipal aggregation, and were given two opt out chances by mail. Additionally, any residents who have chosen to opt out of the program have the option to rejoin the aggregation, should they so decide.

In addition, he wrote, the city will be using 100 percent renewable energy sources from Homefield Energy. And even with the small additional associated costs for the fully renewable energy sources, the savings of $100 to $150 per resident will remain in tact. This choice, Dickman says, continues to enforce the city’s “Cool Cities” initiative. As stated, the city council enlisted the help of Good Energy, a consulting firm with extensive experience in Illinois municipal aggregation. Good Energy CEO Maximilian Hoover is proud to have been a part of the negotiations which allowed residents to utilize renewable energy sources at such low costs.

For more information on municipal aggregation, click here. For the full article, see below.