Tuesday
Apr092013

Electric Aggregation Strongly Supported

The League of Women Voters strongly supports electric aggregation as a powerful means for residents to save money, according to Laurie Bergner, VP of Programs. Voters all across central and southern Illinois, including those in Bloomington, will see a referendum on aggregation on the April 9 ballot.

The tremendous savings from electric aggregation are already being seen by most voters in McLean County. A fairly simple concept, electric aggregation works by grouping the energy needs of an entire municipality. This allows the residents to purchase electricity in bulk at a substantially better rate than the standard Ameren Illinois rate. And what's really great about aggregation is that if the standard Ameren rates ever fall below the aggregation rate, then the aggregation disbands and residents get the lower Ameren rates. The League of Women Voters sees this as a no lose situation, only leading to savings for residents. Further, should any residents prefer not to aggregate, there are 2 opt out notices mailed out.

Good Energy, an electric aggregation consulting firm, has helped dozens of municipalities through the aggregation process. They help municipalities by making the public aware of the manifold benefits of aggregation, assisting in the process of adding the ballot measure, and handling the bidding process, which includes negotiating the final rate. Good Energy has helped upwards of a half of a million households in Illinois, and is expecting to add another 100,000 households after April's ballot. Maximilian Hoover, the CEO of Good Energy, is proud of his team, and is pleased with the number of people his company has helped to date.

If you would like more information about Municipal aggregation, click here. For the full article, see below.

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