For Urbana residents, the savings are greater than $500,000!

10,000 to 12,000 households and small business customers who have been a part of the Municipal Aggregation plan have saved an average $15.14 each month. Over the first three months of the plan this equates to over $500,000 in savings for the community. This is because their electric supply rates dropped from 6.16 cents per kilowatt hour to 4.05 cents.

Good Energy is pleased to have so successfully helped!

Posted By Good Energy

The Wall Street Journal tells of many cities across the country benefiting from Municipal Aggregation

On page 3 of the Monday, November 12th edition of The Wall Street Journal it tells us how many cities are passing ballot measures that will allow their respective local governments to purchase their power in bulk, thus becoming part of a municipal aggregation. Community Aggregation, as the Wall Street Journal terms it, is saving residents up to 30% on their energy bills and often allows residents to purchase renewable, cleaner energy at much cheaper rates. The article goes on to state that utility companies are in favor of local electricity-buying efforts as deregulation laws do not affect distribution of electricity, only who the supplier of the electricity is. Click the link below to read more.

Source: Cities Take On Utility Role [Wall Street Journal]

Posted By Good Energy

Effingham County officials discuss energy aggregation once more before election day

At a luncheon last Friday in Effingham County, Ill., a consultant from Good Energy talked about getting people out to vote for the energy aggregation referendum Tuesday and about how the referendum, if passed, would affect voters. If energy aggregation passes, residences will receive two letters giving them two separate opportunities to opt-out of the aggregation program. If they choose to stay in the program, residents don't have to do anything, and they can look forward to seeing savings of up to 20% on their monthly energy supply rates by February 2013.

Source: Electric Aggregation Proposal Subject of First Friday Luncheon [TheXRadio.com]

Posted By Good Energy

Pantagraph endorses energy aggregation referendum

Energy aggregation got a resounding vote of confidence from the Pantagraph editorial board Thursday, which published an editorial touting the referendum's price-savings and dismissing opponents who believe that the referendum would mean an expansion of government. Government, however, is simply allowing voters to say whether or not they would like the chance to bargain for cheaper energy. If the referendum passes, government will not be negotiating the new contracts, an energy consulting company called Good Energy will be. That company will, in turn, be paid by the new energy supply company. Government's role was simply to allow the referendum on the ballot.

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Vote "yes" on energy aggregation referendum, Belleville News-Democrat says

The Belleville News-Democrat has changed their tune on energy aggregation. The key difference? The involvement of Good Energy, an independent energy consulting company. When the newspaper spoke out against energy aggregation previously, they did so because the consulting company helping to negotiate and ensure a lower supply rate was also the company supplying the energy. The paper cited "competing interests," and appropriately so. But things have changed between then and now. On Friday, the News-Democrat put its faith in Good Energy, which, the editorial says, has made every effort to inform voters about the ins and outs of energy aggregation.

Source: A bright idea for electricity [Belleville News-Democrat]

Posted By Good Energy

Olney and unincorporated Richland County will vote on energy aggregation Tuesday

On Nov. 6, voters in Olney and the surrounding unincorporated areas in Richland County will vote on an energy aggregation referendum, which, if passed, will help lower the energy supply rate for area residents. Around 50 other Illinois counties will be voting on a similar referendum that day. Earlier this year, more than 55 counties around the state okayed energy aggregation and accepted contracts for a lower energy supply rate from a company other than Ameren Illinois or Commonwealth Edison. If the referendum passes in Olney Tuesday, Good Energy will help negotiate that new energy supply contract for the city and the surrounding areas.

Source: Electric referendum on ballot [Olney Daily Mail]

Posted By Good Energy

Energy prices rise later from what they were earlier this year

In March 2012, more than 50 Illinois communities passed an energy aggregation referendum which would allowed them the chance to negotiate their own energy supply rate. The lowest current bid on electricity is 4.50 cents per kWh, about half a cent higher than it was earlier this year. However, residents will still save considerably by switching, because Ameren Illinois' rate is just over 6 cents per kWh currently. Once a community accepts an energy company's bid, that price rate is locked in for two years. This can either be a good thing or a bad thing. When Ameren's contract ends in January 2013, the company could enter the competitive market with much lower rates. On the flip side, the two-year contract also ensures that energy rates stay low in the event of an unexpected spike in prices. Of the 160 communities with energy aggregation referendums on Tuesday's ballot, Good Energy, a New York-based energy consulting company, represents 62.

Source: Opt out latecomers to pay more [Washington Times Reporter]

Posted By Good Energy

Clearing up questions about price-match guarantee and energy aggregation

A watchdog group, called the Citizens Utility Board (CUB), has warned voters to consider possible reductions in Ameren Illinois's energy rate come January before voting "yes" on Tuesday's energy aggregation referendum. Ameren's contract--and thus fixed rate--will end in January 2013, at which point the company will be able to reset its rate. Because the current rate was set at a time when there was little to no competition in the market, the cost per kWh is markedly higher than the prices independent energy companies have been offering to Illinois communities which have passed municipal aggregation. CUB, the watchdog group, worries if Ameren offers a lower rate in January that residents would not be able to take advantage of it. But, Charles de Castega, Good Energy's managing partner, says that it's possible to negotiate a price-match clause into the new energy supplier's contract. If that happens, the supplier is required to match the most competitive price in the energy supply market.

Source: CUB urges voters to carefully weigh electrical aggregation vote [Herald & Review]

Posted By Good Energy

Belleville to hold a last-minute information meeting about energy aggregation

Before going to the polls to vote, make sure you know what else is on your ballot, other than the race for the Presidency. On Monday, there will be an informational meeting in the City Council Chambers at Belleville City Hall about the energy aggregation referendum on Tuesday's ballot. If you have any last minute questions, make sure to make the meeting, or read your voter guide. A "yes" vote on the energy referendum will allow Belleville residents to negotiate for cheaper energy rate.

Source: Want to find out more about electric aggregation? Belleville meeting is Monday [Belleville News-Democrat]

Posted By Good Energy

About Good Energy
Good Energy launched a business to bring a simple concept to the marketplace... savings via lower electricity costs and superior efficiency lighting solutions. A smarter way to buy power and to use power. With ever changing technologies and product offerings Good Energy has provided new efficiency applications to the market and has pioneered a community centric buying approach that has achieved hundreds of millions of dollars in savings to the residential and commercial segment.

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