Mokena Locks In with Electrical Aggregation
Village residents who opt in to electrical aggregation could see nearly $500 in savings during the first year of a two-year contract between the Village and Integrys for supplying homes and small businesses with electricity.
The decision is in and residents of Mokena should get ready to save a bit of change on their electric bills soon, according to village administration.
After Mokena residents voted to approve electrical aggregation, Mokena went to bid for cheaper electricity options, with the winning bid from Integrys coming in 46 percent lower than ComEd's current rate.
“It's a very good time for us to be in the market, we kind of hit the sweet spot with this one I think,” said Kirk Zoellner, Mokena's Assistant Village Administrator, during the Mokena Village Board meeting on Monday, June 11.
The 46 percent savings means that an average home in Mokena, which uses 12,200 kWh (kilowatt hours) annually, would save $482 per year on its electrical bill.
“There are only two or three other municipalities that we are aware of in the Chicagoland area, that got prices comparable to what we got on this bid,” Zoellner said.
In late June or early July, the Village will mail out a letter detailing what steps residents need to take in order to opt out or opt in to electrical aggregation, according to the Village's website.
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