CAMBRIDGE -- Two public meetings Wednesday will give Cambridge residents an opportunity to discuss a proposal that the village negotiate electricity rates for all residents.
The "municipal aggregation" proposal will be voted on on April 9.
The meetings will be at 5 p.m. and 6:30 p.m. at the Cambridge Community Hall.
Under aggregation, a municipality can negotiate a price for electrical energy for the entire community in hopes of gaining a lower rate than if people bought it on their own.
Electricity in Cambridge would still be delivered and billed by Ameren Illinois, even if the ultimate contractor is someone else. Currently, the Illinois Power Authority negotiates prices for electricity.
Cambridge village administrator Dwaine Van Meenen said savings of 20 to 27 percent are expected if the proposal is approved.
Residents and eligible businesses who would prefer not to have the municipality negotiate the price of their electricity could opt out either after receiving a letter that the supplier will change or within 10 days after receiving a letter that the supplier has changed.
Rock River Energy would go out for bids for Cambridge, and by April 29 the village board should be able to approve rates, according to Mr. Van Meenen.
According to the Citizens Utility Board, Ohio and Rhode Island estimate aggregation has saved their citizens more than $18 million per year.
Today is Thursday, Dec. 12, the 346th day of 2013. There are 19 days left in the year. 1863 -- 150 years ago: Two boys who haul coal from Coal Valley to Davenport were arrested yesterday for running their teams through the city street at a furious rate. 1888 -- 125 years ago: E.H. Barker dislocated his left wrist and suffered a compound fracture of the right wrist when he fell from the roof of his icehouse. 1913 -- 100 years ago: Lou Harris was elected county superintendent of schools to fill the unexpired term of the late S.J. Ferguson. 1938 -- 75 years ago: The U.S. Supreme Court ruled today that a state must give equality in educational privileges to white and Negro law students. 1963 -- 50 years ago: About 300 employees of the Augustana Book Concern, staff members of the Board of Publication of the Lutheran Church in America, as well as friends of the community and out-of-town guests honored Dr. Birger Swenson at the annual Christmas dinner of the Augustana Book Concern last night in Westerlin Hall on the Augustana College campus. 1988 -- 25 years ago: The Christmas shopping season began early this year and continues to bring out shoppers in record numbers, according to Quad-Cities retailers interviewed today.