by: Diane Benjamin
Bloomington took two votes, but now both Bloomington and Normal convinced the citizens they could save money under aggregation. Both cities negotiated prices with Homefield Energy, who is really Ameren. (https://blnnews.com/2012/12/18/aggregation-follow-the-money/)
Both Bloomington and Normal opted for 100% Green Energy. Electricity isn’t a different color because a wind turbine produced it, so in reality, there is no way to determine what electricity is generated by coal and what is generated by wind. There is a big difference in price though. By opting for 100% Green Energy, both Bloomington and Normal decided for you to fund renewable energy. I’m sure that is fine for some people, but for others struggling to pay high electric bills, it’s troublesome. A lower rate could have been secured.
To achieve 100% Green Energy, part of your money is going to buy Renewable Energy Credits – a piece of paper. The money generated goes to promote the use of renewable energy.
The Citizens Utility Board has a website explaining RECs: http://www.citizensutilityboard.org/ciElectric_RECs.html#
I have many other stories on aggregation, just type aggregation into the Search bar.