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Galesburg to Purchase Power on Open Market
You don't quite have the option yet, but the City of Galesburg will soon start buying its power from somewhere other than Ameren.

The Galesburg City Council Monday night approved City Manager Dane Bragg entering into a contract to purchase electricity on the open market, from an as-yet-to-be determined provider.

Bragg says a study concluded the city could save a hundred-thousand dollars not buying electricity from Ameren for its facilities -- but what actually is saved is another question. "That's what we'd like to realize if we can," Bragg said. "Every day, the pricing is different, so it will just depend on the market that day."

Bragg says coming up with the price of electricity is apparently a tricky business. "The way the local electircity market is structured...bids are submitted and are valid only within the day, and typically take a significant amount of evaluation during that day to determine the best price alternative," Bragg said.

Ameren would still be the distributor for the electricity the city uses under the deal.

Aldermen Monday night approved a consent agenda which included a price for road salt at a cost nearing $50 a ton, which is $10 higher than last year. They also saw a bid opening for a number of parcels of land that the city put up; the city is expected to analyze the bids for the parcels and come up with recommendations for the council at a future meeting.
09 16 08 by Newsroom
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