Overcast
29°FOvercastFull Forecast

Kane officials hope to preserve savings in electric aggregation program

Published: Thursday, May 15, 2014 10:20 p.m. CST

GENEVA – As Kane County officials work to implement the electric aggregation program, they want to ensure its administrative costs won't cancel out residents' savings.

Ken Anderson, the county's environmental and water resource division director, presented the Energy and Environmental Committee on Thursday with a chart detailing how much the county could collect with various rates.

The largest rate – a penny – would collect $1.8 million annually with a monthly cost of $10 to consumers. The smallest rate – 0.0001 – would generate $18,000 for the county and cost about 10 cents a month for residents.

Committee Chairman Kurt Kojzarek, R-Gilberts, said he wouldn't want to move forward on a contract with a supplier that would result in a "zero sum" savings for residents.

Board member Mike Donahue, R-Geneva, agreed that the fee should be kept as small as possible. But, he added, the county likely will need to collect more than $18,000 annually, especially considering rates will need to be renegotiated on an annual basis at minimum.

"We want to make sure we're covering all of our costs," he said.

Anderson noted the committee didn't have to decide on a rate Thursday. That, he said, is negotiated in a bidding process.

The county will lock in electric rates for a one-year, two-year or three-year period, Anderson said. But before the county selects a supplier, he said, it first must adopt an aggregation plan of operation and governance.

Such a document has been drafted and must be the subject of two public hearings, Anderson said. He intends to invite the Illinois Power Agency and ComEd to those hearings in an effort to provide as much information on the electric aggregation program as possible, he said.

The committee was in support of holding a public hearing in Geneva on June 24, the date of the County Board's next Committee of the Whole meeting.

Anderson hopes to schedule the second public hearing somewhere in western Kane County. Committee members suggested he work with board members T.R. Smith, Drew Frasz, Melisa Taylor and Barb Wojnicki on a date, since they represent that area.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Suburban Life Media.

Watch Now

Player embeded on all SLM instances for analytics purposes.

Snow blows into La Grange

More videos »
 

Reader Poll

Will you be making a New Year's resolution?
Yes
No
Maybe
Probably not