Press Release – Electric Supply Rates
PRESS RELEASE Several area cities and counties have been working together to bid electric supply for our residents. The cities of Charleston, Effingham, Mattoon, and Paris along with Coles County are nearing the end of a contract with a rate of 4.19 cents per kilowatt hour. This rate will be expiring with the meter readings in December 2022. Recently the buying group, along with our consultant Good Energy, worked to solicit new electric supply bids for our residents. We were unable to secure an offer with a satisfactory combination of price and duration due to the current volatility in the [...]