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 Tuesday, Oct. 21, the 294th day of 2014. There are 71 days left in the year.
1864 -- 150 years ago: The weather is discouraging for our great Democratic rally tomorrow, but never mind that. Let our Rock Island people show they can make a big procession themselves, rain or shine. 1889 -- 125 years ago: Apparatus arrived for drilling an artesian well on the premises of George Warner's Atlantic Brewery. 1914 -- 100 years ago: The German army continued its attacks on the allies line near the Belgian coast. 1939 -- 75 years ago: The farm home of Mr. and Mrs. Gus Zachert northwest of Buffalo Prairie, burned to the ground. 1964 -- 50 years ago: WVIK-FM, noncommercial educational radio station at Augustana College, will return to the air tomorrow. The station operates at a power of 10 watts at 90.9 megacycles on the frequency modulation band. The station is operated with a staff of 92 students. 1989 -- 25 years ago: An avenue of lights, 13 Christmas trees strung with more than 44,000 sparkling lights, will expand the Festival of Trees beyond the walls of RiverCenter in downtown Davenport in mid-November.