Sidney gets sales pitch for electric aggregation

Sidney gets sales pitch for electric aggregation

SIDNEY — Two consultants gave their sales pitches to officials this week, both giving reasons they should be chosen to help the village with municipal electric aggregation.

Reg Ankrom from Quincy-based Southern Illinois Municipal Electric Co. said the last group of municipalities that the company represented negotiated a rate of 4.194 cents per kilowatt hour for electric supply over the next three years. Ankrom said SIMEC had negotiated with bidders to allow customers to enter into the contract after it had already started.

SIMEC had 22 communities and 50,000 households in its first group of bidders. For its next round, the company has about 30 communities and 12,000 households on board, Ankrom said.

Jerod McMorris of New York-based Good Energy said his firm is the largest in the state and nation.

"Good Energy is the Sam's Club of buying electricity," McMorris said.

McMorris said Good Energy's latest group of bidders includes about 50 communities and between 80,000 and 100,000 households. By co-terminating its contract with the previous two groups, there could be over 500,000 households bidding together, he said.

Sidney voters will choose on April 9 ballot whether to allow the village to negotiate the cost of electric supply on their behalf.

 

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