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Energy contract change leaves board budgeting for higher electricity costs; LED retrofit estimated at $65,000
Summary
Staff told the board that a county energy contract shift removed a fixed energy rate and exposed the agency to market kilowatt-hour prices (recently 2¢–10¢), prompting plans to budget higher energy costs; the board also discussed a possible LED conversion for building fixtures, with a preliminary estimate of about $65,000.
Staff told the board McHenry County’s energy contract renewal removed the fixed energy-rate component the agency had relied on for eight years. The presenter said the agency will now pay market energy rates for the next four years and illustrated how monthly costs can swing: under the fixed-rate arrangement a peak monthly energy bill would have been about $1,900; at a higher market rate that peak month could rise to roughly $3,400.
“Previously we were paying 5…
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