Breaking News Bar
updated: 8/15/2012 7:35 PM

Schaumburg to hold referendum on electrical aggregation

hello
Success - Article sent! close
 
 

After passing on the electrical aggregation craze earlier this year, Schaumburg trustees have jumped aboard the referendum bandwagon.

The village board unanimously agreed Tuesday to put an electrical aggregation referendum on the Nov. 6 ballot, allowing voters to choose whether the village should lump together residential and small business customers together to seek lower power rates.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Village manager Ken Fritz said there was no discussion on the issue at the board meeting Tuesday, but the decision previously was recommended by the board's Finance, Legal and General Government Committee after a trustee noted that other municipalities were experiencing significant savings.

"The village board believed that there's potential savings that can be gathered under this program," Fritz said. "We're not in a position to be advocating one way or another."

Voters will be asked the question "Shall the village of Schaumburg have the authority to arrange for the supply of electricity for its residential and small commercial retail customers who have not opted out of such a program?"

If the referendum passes, the village will solicit bids from electricity suppliers in hopes of finding a rate lower than ComEd's. Residential and qualifying small commercial retail customer accounts would automatically be enrolled, but those who choose could opt out of the program.

Notices of the change -- which would not occur until a few months after the vote -- will be mailed in advance.

Regardless of whether the village decides to go with a new supplier, ComEd will remain the distributor of electricity and maintain the power infrastructure. Customers would also continue to receive electricity bills from the company.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.