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Board authorizes administration to lock energy supply contracts up to 48 months beginning June 2026

5846793 · August 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved a motion allowing district administrators, with an outside consultant, to enter electricity and natural gas supply agreements effective June 2026 for terms not to exceed 48 months; staff said recent market movement could save the district roughly $30,000 versus prior estimates.

The Downers Grove District 99 Board of Education voted to authorize the administration, with assistance from an outside consultant, to enter supply agreements for electricity and natural gas effective June 2026 for terms not to exceed 48 months. The motion passed on a roll‑call vote. "On the electricity side alone, it's about a two‑tenths of a cent drop…which, when you look at how many therms we use, it's about…

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