Bethalto residents participating in the village's electric aggregation program could see a slight reduction in their bill over the coming months if all goes according to plan. Good Energy, the consulting company who brought electric aggregation to the village, projects that rates will bottom out before the end of September according to Mayor Alan Winslow.
Last week the Village Board approved a resolution giving Winslow the option to watch the price of electricity and lock in at the lowest rate possible.
Winslow says that the village currently pays 3.98 cents per kilowatt, which is slightly lower than the rate that those who are not participating in the program are paying. He also says that he is hopeful that the village will be able to get a lower a rate or stay at the current rate if that's not possible.