Only a comparative handful of residents decided to "Opt Out" of Huntley's new municipal electric aggregation plan according to Anna Biconic-Moeller, spokesman for the Northern Illinois Governmental Aggregation Consortium Monday. NIGEAC will run the plan for Huntley and other mostly McHenry County Municipalities. Biconic Moeller said only 436 residents decided to stay with ComEd's standard State-purchased electric power.
Still unknown is how many residents who've already signed up with other Alternative Residential Electic Suppliers will "Opt In" to Huntley's program. The letters for that went in the mail after the "Opt Out" letters. Huntley has an estimated 10,500 residences.
Huntley and NIGEAC are ahead of most other municipalities to authorized municipal aggregation programs in referenda in March. Elgin, for example, didn't choose a supplier until last week. "We're getting a lot of inquiries for copies of our agreements with (Huntley power supplier) Direct Energy," she said. "I guess they want to see what's possible." NIGEAC came up with a plan for power with supplier Direct Energy at 4.169 cents per KWH versus 7.722 cents through ComEd's State supply. The agreement also allows residents to "Opt Out" of the NIGEAC/Huntley program at no charge any time something comes along that looks better.
Only a few residents turned down the deal in other municipalities NIGEAC serves. In Woodstock only 284 opted out; in Ringwood 351; in Lakewood 16 and in Genoa 50.
Biconic Moeller said Huntley residents can expect to see one more bill at the old rates before the new aggregation rates kick in.
Tuesday, June 19, 2012
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