Next steps to save money

By on April 6, 2012

Maple Park pursues energy aggregation after referendum
by David Maas
Maple Park—With the passage of the March 20 referendum to allow the village of Maple Park to pursue energy aggregation, Arnold Schramel of the Progressive Energy Group presented a tentative timeline to the Village Board at Tuesday’s meeting.

“First, I want to congratulate the village on the passing of the vote,” Schramel said. “75 percent of the municipalities up for a vote on this ballot passed it, as well.”

With the passage, the residents of Maple Park that do not opt out of this service should see substantial savings, for at least two years.

“We’re estimating that each household in Maple Park should save around $200 per year,” Schramel said.

After those two years, depending on energy prices, the amount of savings will most likely decrease.

“Right now, the projections say that ComEd rates will decrease by 2014,” Schramel said, “At which point, depending on the contract entered, the village can return to ComEd as their power supplier.”

While that is at least two years into the future, the next steps of the village’s energy aggregation program will happen in the coming weeks.

“There are two public hearings required by law to educate the public,” Schramel said. “We usually like to hold these before board meetings.”

Due to this, the public hearings are tentatively set for April 17 and May 1, at 6:30 p.m.

“These meetings will be used to further educate the public, as well as let them know about the opt-out program,” Schramel said.

Following the public hearings, residents will receive multiple opt-out notices in the mailing.

“Like we’ve stated before, anyone who doesn’t want to take part in the aggregation does have the opportunity to opt-out of the service, and stay with ComEd as their energy supplier,” Schramel said.

Following the hearings, the village will pass a Plan of Governance, which deals with the specifics of the aggregation, interviewing various suppliers, and eventually choosing the village’s supplier.

“Even though the vote had passed, there is still much work to be done,” Schramel said.

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