To the Editor:
Cheaper electric rates are on the April 9 ballot in Wonder Lake.
On behalf of village residents, the Village Board is asking voters’ permission to create an electric aggregation program that could save residents as much as 25 percent on their electric bills.
Under aggregation programs, the buying power of all the residents is combined so that a potentially better price can be obtained from a supplier.
Approval of this referendum will allow the village to develop an electric aggregation program that will enable it to negotiate rates below ComEd’s current rate. The village is under no obligation to enter into any contract if it does not lower costs for village residents.
ComEd will maintain the electric infrastructure and respond to power outages. Your bill will come from ComEd.
A “yes” vote gives the village the option to explore lower electricity rates for residents and small businesses.