As the state of Illinois continues to slash education funding, school districts are finding new ways to cut costs. One of the ways the Bethalto School District will save money is through electric aggregation. Board members approved a 24 month agreement with Ameren Energy Marketing last night, a move that will save an estimated $23-thousand dollars.
Tom Leigh, the Regional Director for Good Energy, presented the board with two offers before recommending the 24-month contract with Ameren Energy Marketing.
A 14-month offer was also on the table but Leigh estimates the board saved $1-million by selecting the offer with a longer term. The deal runs from April 2013 until April 2015 and is similar to those signed by local municipalities. Ameren Illinois will still be in charge of maintaining the lines and billing services. Ameren Energy Marketing will supply the power.
In other business, the board approved the issuance of $2.5-million in debt certificates to complete various construction projects in the district. The board also announced that registration for the 2013-14 school year will take place at Trimpe Middle School due to ongoing construction at Civic Memorial High School. Registration will take place on July 25th, 26th, and 29th.