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Cary to Host Electric Aggregation Public Forum

Residents and small businesses have the opportunity to learn the pros and cons of municipal electric aggregation.

 

The Village of Cary will be hosting a public education meeting for residents and small business owners interested in learning more about Municipal Electric Aggregation and how it can impact their electric bills.

The public education meeting will take place on Tuesday, Feb. 28, 2012 at the Cary Park District, 255 Briargate Road and will begin at 6:30 p.m.

Village staff members will provide a presentation on Municipal Electric Aggregation and industry experts will be available for a question and answer session after the presentation. There is no need to register for the public education meeting and residents are encouraged to attend. 

On March 20, 2012, Cary voters will have the ability to decide if the Village should pursue an alternative electric power supplier for residential and small business customers within the corporate boundaries of Cary.

A Referendum will be placed on the General Primary Election ballot, asking Cary voters if the Village should be given the authority to seek competitive bidding prices for electrical power and to enter into a single contract that would include all residents and small businesses.

If the Referendum passes, all residential and small business retail electric loads would be bundled into one single account and the Village would begin the bid process to secure a lower electric rate than the standard rate offered through ComEd. 

The Village has also created a “Frequently Asked Questions” publication with more information regarding Municipal Electrical Aggregation. Residents are encouraged to visit the Village’s website at 

 

Source: Assistant to the Village Administrator Tara Semenchuk 

Related Topics: ComEd, Village of Cary, and electrical aggregation

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