The Village of Northfield is joining the growing ranks of municipalities who are choosing to look at electrical aggregation to save residents money on electric bills.
On the November 6 ballot, a referendum question will be posed to Northfield residents. Voting yes would give the village the authority to negotiate with electric suppliers, in addition to Commonwealth Edison, for resident and [eligible] small commercial accounts, according to the Village of Northfield website.
If approved, ComEd would still handle billing and service calls, but the supplier of electricity, based on the lowest negotiated price, could change. Residents would still be able to opt out of the program if they choose to.
According to recent communications by the Village of Northfield, the expectation is that savings could reach as high as 50 percent compared to current Com Ed electric rates.
A public meeting to provide information and allow residents to ask questions is scheduled for October 16 at 7 p.m. at the start of the regular Village Board Meeting.
Northfield trustees also will be attending the Northfield Farmers Market on October 6 and October 20, from 8 a.m. to 12 p.m. to answer resident questions.