Municipal aggregation is "sort of, a gamble," an Illinois mayor has said, according to a quote in the Rockford Register Star.

In a story noting the lean savings (if any) municipal aggregations are now receiving, the Rockford Register Star quotes Freeport Mayor Jim Gitz as saying, "It is, sort of, a gamble, but historically the aggregation rate has been lower than ComEd ... The assumption in the industry is that electrical supply charges will continue to go up ... we chose the package we felt had the best chance to moderate the increase in cost."

The Rockford Register Star reports that Freeport recently signed a 36-month aggregation contract, with an initial rate of 7.68¢/kWh for the first two years.

See the Rockford Register Star for more

Tags:
Illinois   ComEd   Municipal Aggregation  

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