Philo adds electric aggregation to April ballot

Philo adds electric aggregation to April ballot

PHILO — Philo is joining the list of communities giving residents a chance to vote on municipal electric aggregation.

The village board this week passed a resolution to have a referendum on the April 9 ballot in which voters choose whether to give the village the authority to negotiate a lower rate on the supply of electricity.

Jerod McMorris of Good Energy, a consulting company that represents most area communities that have chosen aggregation, said if voters approve the resolution, Philo could join its third group of communities. The previous groups have included between 150,000 and 200,000 households and have realized a savings of between $20 and $28 per month per household.

"This could put $150,000 per year back into your community," McMorris said.

McMorris is anticipating between 80,000 and 100,000 households will be in the third group. Rossville, Westville, Catlin and Hoopeston are among those communities that have joined so far.

McMorris said Good Energy would be paid 0.00075 cent per kilowatt-hour by the energy supplier who wins the bid. Suppliers who have bid in the last two rounds, he said, included Integrys in Chicago, Constellation in Maryland, First Energy in Ohio and Collinsville-based Homefield Energy, which had the lowest bid both times.

McMorris said residents who have already signed an agreement with an alternative energy supplier would not qualify for the rate through aggregation. Those residents could get out of their contracts to join but would have to do that on their own, he explained.