Champaign County Residents Lock in 25-30% Savings

Another successful contract negotiation has ended, with unincorporated Champaign County residents coming out ahead. Champaign County has awarded Homefield Energy a 17 month contract to supply electricity to as many as 15,000 households. This contract stipulates that residents will pay 3.9999 cents per kilowatt for electricity. Recent electricity aggregation rates for other communities were: 4.055 in Urbana and 4.15 in Champaign. The current rate at Ameren is 5.6 cents per kilowatt.

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Metro East Communities to See Electricity Rate Savings

Steep savings will be seen in the 55 communities throughout central and southern Illinois who voted for electric aggregation this November. Each municipality received different rates based upon a number of factors, however all received significant savings.

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Normal Residents to See 27 Percent Drop in Electric Rate

After a successful negotiation, Normal Residents have locked in a $0.4099 per kilowatt-hour rate on electricity delivery with provider Homefield Energy. This amounts to a 27 percent savings over the current Ameren Illinois rates. This beat the 20-25 percent rate savings which City Manager Mark Peterson had hoped for.

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Residents plug into Savings

FOR IMMEDIATE RELEASE
Charles de Casteja
(212) 691-9467/ (646) 286-6746
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Residents plug into Savings
ENERGY BUYING GROUP, NOW LIKELY SINGLE LARGEST IN THE U.S., TO SAVE CENTRAL AND SOUTHERN ILLINOIS CONSUMERS $46 MILLION OVER 17 MONTHS
CENTRAL/SOUTHERN ILLINOIS (December 11, 2012) More than 230,000 households in 18 central and southern Illinois counties can expect to see their electric bills drop by 25 percent or more, beginning in spring of 2013.

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For communities that passed the Electric Supply Proposition, what are the 6 things they can expect?

Now that your community has passed and accepted Municipal Aggregation, when can you expect your electric rates to drop? Here is a list of the six things that will be happening.

Your community will hold, or will have already held, two public hearings to approve the Operation of Plan and Governance, which details the way the program will operate. If you have any questions or wish to discuss with your municipal officials, we recommend you attend these hearings.

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Granite City may choose renewable energy even if slightly costlier

At the November 20th Granite City Council meeting, Good Energy's Philip Carr explained that now that Granite City approved Municipal Aggregation, they will be receiving the best price for electricity in the market. Further, for just a tiny percent more, the community could choose 100% renewable energy from sources such as wind turbines.

Posted By Good Energy

Jerseyville, IL passed the Electric Supply Proposition. Good Energy explains what happens next

At the November 27th Jerseyville public hearing, Good Energy explained what the next steps will be now that Municipal Aggregation has been approved. Bidding will occur December 11th for all the municipalities Good Energy represents that passed the proposition. Good Energy also warned residents that there are clever marketers that are now trying to take advantage of people's confusion of the subject. These marketers misrepresent themselves as being part of the program and are in actuality, a scam. Residents do not have to do anything if they wish to be part of the program, and they will not receive a phone call stating they have to.

Posted By Good Energy

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

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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