MINOOKA — A new ordinance passed by Minooka village trustees last month allows residents and eligible small commercial businesses to take advantage of lower electricity rates if they choose.
By joining with other area municipalities, the village can put competitive pressure on electric suppliers, which results in lower rates and greater savings than someone could get on their own.
The village will negotiate a price for electricity and enter into a service agreement on behalf of residents and small commercial businesses who opt into the program. The bid will only be accepted if there is a savings relative to ComEd’s prices.
In March, voters failed to pass a referendum that would have automatically enrolled residents and small businesses into the program, unless the chose to opt out. This new program is available only to those who opt in, said Village Administrator Dan Duffy.
Regardless of who supplies the electricity, ComEd will still be responsible for delivery of the electricity, for operating and maintaining infrastructure, and handling interruptions and outages. Billing will continue to come from ComEd as well.
Residents and small commercial businesses will receive notification once a supplier is chosen and an agreement has been made with the village. They can choose to opt in at that time. They can opt out at a later date without any penalties, said trustee Dick Parrish.
Minooka resident Curt Jebbins asked what was different about the village’s program compared to solicitations from electric suppliers residents get individually.
“All things being equal, ours should be cheaper because there are a whole lot of communities doing this,” said Duffy.
After many months of negotiations, the villages of Minooka and Channahon have come to an agreement with American Charter Bank of Schaumburg on who will pay for turn lanes on U.S. 6.
U.S. 6 runs through the villages at the intersection of Keating Point Boulevard on the south in Channahon and Waters Edge Drive on the north in Minooka.
To complete the intersection, IDOT requires right turn lanes on both sides of Route 6, said Duffy.