New electric contract set to begin with May cycle
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CLINTON — The current 36-month agreement the city has with Homefield Energy is about to expire as a new agreement takes its place. And, the city wants to make sure residents understand the procedure involved, whether they stay in the program or choose to opt out.
Essentially, it’s pretty simple. Residents will receive cards in the mail, likely sometime in April. The cards will explain what to do if they want to opt out of the electric aggregation program. If they want to stay in the program, they don’t have to do anything.
Three years ago, the city contracted with energy brokerage Good Energy to represent residents in the annual electricity auction. The high bidder in the auction, in this case Homefield Energy, generally can provide power to residents at a price that is at least a few percentage points below the standard going rate.
• See the complete story in the Clinton Journal on Friday (03/16) and online at www.theclintonjournal.com.
