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At the Nov. 7 village board meeting, Mayor Pro Tem and Trustee Ginger Hermann gave an update on the electric aggregation process.
The village is currently working with the consulting company Good Energy to provide electricity supply cost savings to residents and retail businesses in Morton.
Hermann said an electricity supplier, Direct Energy, has been contacting residents to sign up for aggregated electricity with them.
“I’m encouraging people to not sign up with them at this time,” Hermann said.
Hermann said if residents wait until the process with Good Energy is complete, they will be able to save more money.
The electric aggregation plan gives residents the option to opt-out if they wish.
Right now, Good Energy is working to educate Morton residents and businesses on the program.
Then, the village will ask to put a referendum on the March 20 ballot, which residents will vote on to give the village permission to arrange for the supply of electricity with a supplier that is cheaper than Ameren.
If the referendum is passed, Good Energy will work with the village to create a plan of approval and two public hearings will be held to answer questions the public may have.
The electric “load” will be put out to bid and the village will make the decision if the savings are worth it.
Once a supplier is chosen, the “opt-out period” begins, which gives all residents and retailers the chance to opt-out of the program.
By July, all who wish to participate will be transitioned from Ameren to the chosen supplier.
Ameren will then send out the consolidated bill with the new supplier, which will provide a second opportunity for residents to opt-out.
Hermann said the program will save residents and retailers 15-20 percent on their electric bill.
Visit the village’s website at www.morton-il.gov and click on “Municipal Electric Aggregation Program” for more information.
At the Nov. 7 village board meeting, Mayor Pro Tem and Trustee Ginger Hermann gave an update on the electric aggregation process.
The village is currently working with the consulting company Good Energy to provide electricity supply cost savings to residents and retail businesses in Morton.
Hermann said an electricity supplier, Direct Energy, has been contacting residents to sign up for aggregated electricity with them.
“I’m encouraging people to not sign up with them at this time,” Hermann said.
Hermann said if residents wait until the process with Good Energy is complete, they will be able to save more money.
The electric aggregation plan gives residents the option to opt-out if they wish.
Right now, Good Energy is working to educate Morton residents and businesses on the program.
Then, the village will ask to put a referendum on the March 20 ballot, which residents will vote on to give the village permission to arrange for the supply of electricity with a supplier that is cheaper than Ameren.
If the referendum is passed, Good Energy will work with the village to create a plan of approval and two public hearings will be held to answer questions the public may have.
The electric “load” will be put out to bid and the village will make the decision if the savings are worth it.
Once a supplier is chosen, the “opt-out period” begins, which gives all residents and retailers the chance to opt-out of the program.
By July, all who wish to participate will be transitioned from Ameren to the chosen supplier.
Ameren will then send out the consolidated bill with the new supplier, which will provide a second opportunity for residents to opt-out.
Hermann said the program will save residents and retailers 15-20 percent on their electric bill.
Visit the village’s website at www.morton-il.gov and click on “Municipal Electric Aggregation Program” for more information.
