UPDATE:
Earlier:
On primary election day last month, Highland Park voters approved the City's participation in a consortium of cities who will bid and purchase residential electrical power together. This will result in a significant cost savings for residential and small business users.
On Friday at a rare 8:00 a.m. special City Council meeting we debated and then approved Highland Park's contract for community electrical power aggregation.
We debated how many renewable energy credits (REC) would become part of our contract. Although Councilman Steve Mandel and I felt we had an opportunity to do more in terms of RECs for approximately $2.00 per month per household, the other members of the council felt strongly that we should approve a contract with the lowest base price per resident that will allow customers the individual option of choosing more REC's on their own electrical service.
In the end, we approved the contract with a customer option to purchase more RECs per customer. This new arrangement will result in significant savings in electrical power for all residents who participate.
To watch the debate you can view the City's council meeting video archive.
Residents should be aware that some vendors will try to trick them into switching prior to the City's new contract taking effect. More information in the City's official press release here:
