Electric Aggregation letters to be
mailed to Lincoln and Logan County residents soon
Average residential users expected to save
$120 to $195 per year
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[April 14, 2018]
LINCOLN
Lincoln and Logan
County residents can expect to receive letters in the near future
from their respective forms of government concerning electric
aggregation.
Both the city of Lincoln and the Logan County Board have entered
into agreements with Nordic Energy that should save constituents
several dollars per month on the electricity usage portion of their
monthly utility bills.
According to Justin Cheager with Stone River Group, letters will go
out in April on city of Lincoln stationary and Logan County
stationary explaining the aggregation process and what residents
should do if they DO NOT want to be a part of the aggregation.
**Lincoln letter – PDF**
**Logan
County letter – PDF**
Stone River Group, working as the consultants for the city and
county took bids from a number of direct electric suppliers and in
late March announced that they had selected Nordic at an electric
rate of $0.04825. Looking at Ameren Illinois as a comparative and
also the current provider in Lincoln, this new rate should save
Lincoln residents an average of $123 per year and Logan County
residents should save an average of $195.00 per year based on an
average usage.
Residents will need to look at their own bills and compare the rates
for electric usage only to determine how much they may be saving
with the new contract.
For consumers who receive credits for all electric home, the savings
could be less, or they may find that switching electric suppliers is
not to their advantage. If this is the case, consumers have the
option to OPT OUT of the contract with Nordic and stay with their
current provider.
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Cheager has provided sample letters and information packets that will be mailed
out to all residential electric customers in Lincoln and in unincorporated
portions of the county.
With those letters there will be an “opt out request form” (also printed on
official city or county stationary) that can be sent back stating that the
consumer wishes to opt out of the contract with Nordic.
Also included in the packet is information about the program via “frequently
asked questions.”
Cheager said that those who want to switch to Nordic need do nothing at all, the
switch will be automatic unless the consumer uses the ‘opt out.’
He also said that consumers will receive letters from their electric supplier
about 10 days before the contract takes effect, verifying that the consumer will
be switching to Nordic Energy as their electric supplier.
The look of the monthly billing for electricity will not change significantly.
All electric charges will still come to the consumer in one bill from the
primary provider, such as Ameren Illinois for the city of Lincoln.
Ameren will still bill and collect for all electric charges. Delivery fees and
taxes will go to Ameren and the “Electric Supply” portion of the bill will be
collected by Ameren and paid to Nordic.
Once consumers have received their letters and reviewed them, questions about
the aggregation program can be addressed directly to the Nordic Customer Care
Team at 866-614-6952.
Finally, the primary supplier, such as Ameren will still be the one to contact
in the event of power outages or other service questions as well as questions
regarding the monthly bill.
[Nila Smith] |