Aggregation savings in Champaign: $690,719

Aggregation savings in Champaign: $690,719

CHAMPAIGN — The city's new electric supplier reports that Champaign's municipal electric aggregation program saved residents $690,719 on their power bills between August and November.

The municipal electric aggregation program allowed city officials to select a new electricity supplier for residents at a lower rate. The vast majority of residents had been paying a default electricity rate of 6.16 cents per kilowatt hour.

Voters approved the program during a March referendum. In May, the Champaign City Council approved a new electric supplier, Integrys Energy, at a new rate, 4.15 cents per kilowatt hour.

Officials began switching customers over to the new supplier in August 2012, and residents may have started to see savings on their September bills. Ameren Illinois continues to deliver electricity to residents and bills them for both delivery and supply.

According to a press release, the city program has 27,276 participants. Most residents and small businesses were automatically enrolled unless they opted out.

The city of Urbana has a municipal electric aggregation program, too. Urbana residents have been paying a new electric rate of 4.05 cents per kilowatt hour to the city's new supplier, Homefield Energy.

In November, Urbana officials reported that the program had saved as many as 12,000 residents a total of $502,451 between July and September.

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dw wrote on January 17, 2013 at 10:01 am

This article neglects to point out one of the important points that 100% of $$$ paid for the electricity generation went to renewable energy producers:

http://ci.champaign.il.us/departments/public-works/residents/municipal-electric-aggregation/

http://urbanaillinois.us/sites/default/files/attachments/2012-q3-aggregation-report_0.pdf

Saving green by being green.

Had Champaign-Urbana followed the lead of the MTD and many advocates on the city councils back in 2003 and we had switched to a light electric rail system on the most heavily used bus routes:

http://www.news-gazette.com/news/other/2003-01-26/group-says-tram´s-benefits-worth-europe-trip.html

not only would the bulk of our mass transit miles would also be running on that 100% made-in-the-USA renewable electricity (we spend about 6 billion dollars a day to insure our access to and accquire foreign oil) but our roads would also be in much better shape (and the councils would most likely not have had to implement new gas taxes).

There would be a significant drop in fuel costs for the MTD (electricity is much cheaper and more efficient than internal combustion engines) and a reduction in local road repair costs (our highest mileage/heaviest weight vehicles would be on rail) and cleaner local air. A multi-win both locally and nationally. But we've got to learn to stop being short-sighted (at the time petrol prices were low and there was no world-wide financial melt-down so many argued against it as unnecessary wasteful spending).

As we move into the future with the Fed's manipulation of interest rates to historic lows having little impact on the unemployment rate (jobless recovery), governmental spending on jobs programs such as improving infrastructure -- specifically investing in infrastructure such as a light electric rail system that makes a big local impact on our nations expenditure on foreign oil -- is not only a sound investment in our future but the here and now.

It's high time to dig this idea out of the not-so-distant past.

In every deliberation, we must consider the impact of our decisions on the next seven generations. - Iroquois proverb