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Tiskilwa OKs electric contracts

Published: Wednesday, March 13, 2013 3:54 p.m. CST • Updated: Wednesday, March 13, 2013 3:59 p.m. CST

TISKILWA — Tiskilwa Mayor Randy Philhower told village board members at their meeting Tuesday night he signed contracts with two different companies to provide electricity at lower rates than the current provider.

Mid American Energy will provide electricity to residential users for the next two years for .0423 cents per kilowatt hour, and Liberty Energy will provide electricity for the next three years for village-owned properties at a rate of .05035 per kilowatt hour.

Board members had authorized Philhower to sign the contracts at their meeting in February. Philhower said Tuesday night he signed the contracts on Feb. 21 after meeting with Shawn Ajazi of Progressive Energy Group, the company the village hired to seek out bids after village residents approved electric aggregation at the Nov. 6, 2012, election.

Philhower said village residents should be receiving mailings from Ameren and Mid American about the program, which is estimated to save each homeowner about $10 per month, on average.

If village residents don’t want to go with the new company, they will have to opt out of the contract signed by Philhower with Mid American Energy. If they don’t opt out, they will automatically receive electricity at the new lower rate. Bills will still be sent out by Ameren on behalf of Mid American.

In December 2012, Ajazi had said the residential and small commercial aggregation program for Tiskilwa only deals with users of less than 15,000 kilowatt hours in a year. He said users that qualify for the program will receive opt-out notices they must return within 15 days of receiving them, or they would be entered into the program.

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