Niles Bugle 5-2-12

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INSIDE

NEWS Village manager talks about offered buyout

SPORTS Ross on ďŹ re for Niles West

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Our Village, Our News

www.nilesbugle.com

MAY 3, 2012

Vol. 56 No. 30

LET THE BIDDING BEGIN... MORTON GROVE, PARK RIDGE TO BID ON ELECTRICAL RATES IN MAY By Rick Kambic Staff Reporter

W

ith public hearings finished, residents of Morton Grove and Park Ridge can expect to see some savings on their electrical bills soon. Both towns are expected to bid electrical rates in May, looking to lower costs for their homeowners and small businesses after referendums passed on March 20. Municipal aggregation of electricity, which was created to help consumers flood the newly deregulated power market, was approved in Morton Grove by a 62 percent to 38 percent margin and in Park Ridge by a 54 percent to 46 percent margin.

Morton Grove and Park Ridge will sort through offers from 25 companies that supply electricity to ComEd.

The logistics The local governments are now responsible for finding rates lower than what Commonwealth Edison currently offers. If that is not possible, residents will remain with ComEd. However, residents do not have to participate. Morton Grove Village Administrator Ryan Horne emphasizes awareness during this final phase. As the village seeks competitive prices on behalf of its residents, other electrical companies will try to sway

residents: some will do so in legitimate ways and others through unethical means. At any point, residents can choose their electrical provider, something Horne said is commonly misunderstood. Horne said most people think ComEd supplies their electricity. “ComEd is absolutely indifferent

See ELECTRIC, page 3


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