RAYLAND - An electric aggregation program ordinance will be presented at Tuesday's meeting of Rayland Council.
Village Administrator Rich Bibbo reported at council's first meeting of the year that he had spoken at length with John Ney of World Energy about working with that company for a lower electric rate. Ney told Bibbo that Yorkville, Tiltonsville and Warren Township officials were informed of the services offered, and he suggested that Rayland join the group to negotiate for a lower electric rate.
Ney couldn't attend the meeting so he spoke to officials via the telephone.
Village Council would have to approve an ordinance for the electric aggregate issue to be on the May ballot.
Bibbo indicated that probably would take place only if other village issues are on the ballot, noting the cost to the village could be up to $1,000.
Ney told the village administrator that he had looked at Rayland's current electric rate and determined it to be 7.879 cents per kilowatt hour, and the electric aggregation program could offer 5.99 cents per kilowatt hour on a two-year contract.
Residents would have the opportunity to opt out of the contract in the first 21 days if they so chose.
Ney offered to meet with residents to explain the details of the program.
The ordinance is to be considered at Tuesday's meeting, which will begin at 6:30 p.m. at the municipal building. Council is meeting Tuesday rather than Monday because of Martin Luther King Jr. Day.