Rossville Board Hears From Good Energy Pitch as Electrical Program Partner

Rossville Village Trustees recently met with representatives of Good Energy, the municipal aggregation consulting firm that plans to represent roughly 80 percent of central and southern Illinois municipalities after their next bid, to discuss how electric aggregation can help their residents. As an incorporated village within Vermilion County, residents will have to approve aggregation separately from the county. The county approved an aggregation referendum in November.

Jared McMorris, the Good Energy representative who made a presentation to the Rossville Village trustees, said that Good Energy does not sell electricity, but instead negotiates contracts with wholesale power supply companies on behalf of municipalities.  So what Good Energy actually does is bundle residents of municipalities and counties together to get a lower rate on electricity. This, he explained, is how customers save money through municipal aggregation. According to McMorris, “We like to think of ourselves as the Sam’s Club of energy brokers.”

Good Energy has set a goal 100,000 households for their next round of bidding. As such, representatives of Good Energy have been involved with nearly all of the towns and villages in Vermilion County. CEO Maximilian Hoover hopes that his company can help all of Vermilion County, both the incorporated and unincorporated portions, save money with discounted rates on energy.

Good Energy has proposed a no cost consulting option to the county, where they are paid by the wholesale company who wins the aggregation bid, and only if the referendum passes. What they will do in exchange is run a public education program which will explain to residents what aggregation is. This, they say, will be accomplished through public meetings, speakers at civic organizations, mailings, and handouts. If after their efforts the referendum is approved, Good Energy would assist in the bidding process and with contract negotiations.

For more information on municipal aggregation, click here. For the full article, see below.