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Council hears options for city electric aggregation as supply rate signals spike
Summary
At its April 15 meeting the Zion City Council heard from Illinois Aggregation Consultants on options for the city's community aggregation program after the Illinois Commerce Commission signaled supply rates could jump to about 9.35 cents per kilowatt-hour; no final vote was taken.
Sharon Dirling of Illinois Aggregation Consultants told the Zion City Council on April 15 that the city's community aggregation supply rate is likely to rise and presented three options for the council to consider: suspend the program, renew the current common-price program for one year, or renew for two years.
Dirling said the market for brokered electric supply in Illinois has thinned. "Beginning, everyone came to the party, so to speak, and I personally worked with 12 different suppliers that serve Illinois. Currently, only 2 bring bids and really only 1…
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