The Glenview Village Board will continue its discussion about whether to hold a referendum about electricity aggregation at a workshop beginning at 6:30 p.m. Tuesday, June 5.
Trustees are weighing whether to ask Glenview voters in November if they’d like the Village to try to negotiate lower electricity rates for residents and small retailers.
The Illinois legislature in 2010 gave municipalities this tool to try to help taxpayers save money on their electric bills. If approved by voters, a municipality can combine the electric supply needs of its residents and small businesses into a pool to obtain volume pricing for the purchase of electricity. The electricity would still be delivered to Glenview properties by ComEd at a fixed rate.
The Village Board will be briefed on the estimated savings for area communities that have already completed the process, the actual dollar savings on a typical Glenview electric bill, the costs of implementing such a program and likely scenarios for the future.