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Malden and electric aggregation

Published: Friday, Nov. 16, 2012 3:12 p.m. CDT • Updated: Friday, Nov. 16, 2012 3:51 p.m. CDT

MALDEN — Malden residents should have started realizing savings on their electric bills since approving an electric aggregation referendum in April, according to Marni Henert, energy consultant with Rock River Energy Services.

Malden was one of four Bureau County communities approving referendums last spring, which gave village officials the authority to arrange for an electric aggregation program to supply electricity for residents and small commercial retail customers who have not opted out of the program.

In a recent press release issued by Rock River Energy, Malden has 157 residential and small commercial electric accounts. Of that number, 21 accounts had already switched to another retail electric supplier and were not eligible to be automatically enrolled in the community program with Homefield Energy, which is headquartered in Collinsville.

Malden has 117 accounts which were automatically enrolled in the Homefield Energy program, with 13 accounts opting out and another six opt-out notices returned by the post office as undeliverable. Ninety percent of eligible accounts who received the notices were enrolled in the aggregation program, Henert said.

According to Henert, the annual savings, per single-family household, based on actual 2011 load usage data for Malden, is estimated at $146, which would be about a 25 percent savings. The estimated community-wide savings is $20,000, she said.

The power flow with Homefield Energy began this summer, and the savings were reflected on the Ameren bills received in the late summer.

Residents and small commercial electric accounts in Malden who may still want to enroll in the program can contact Homefield Energy, at 866-694-1262, from 8 a.m. to 7 p.m. Monday through Friday. Also, questions about the Malden program can be directed to Rock River Energy, at 815-732-4603.

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