Loading...
Minutes - 05/18/2017 - Electric Aggregation & Issues Committee o"F oqk MINUTES OF THE MAY 18, 2017 MEETING OF THE VILLAGE 0 OF OAK BROOK ELECTRIC AGGREGATION AND ISSUES COMMITTEE APPROVED AS WRITTEN ON JUNE 13, 2017 1� e d \ 1. CALL TO ORDER The Meeting of the Village of Oak Brook Electric Aggregation and Issues Committee was held in the Upper Level Conference Room of the Butler Government Center on May 18, 2017. Trustee Yusuf called the meeting to order at 4:01 p.m. 2. ROLL CALL PRESENT: Trustees Asif Yusuf and Moin Saiyed, Tom Cygan, and Mario Vescovi. ABSENT: Trustee Michael Manzo (arrived at 4:22 pm), Steve Young, and Terry O'Malley. IN ATTENDANCE: President Gopal Lalmalani, Clerk Charlotte Pruss, Manager Rick Ginex, Rania Serences, and Mark Pruitt (via telephone). 3. RESIDENT/VISITOR COMMENTS —None 4. A. BID PROCESS FOR THE 2017 ELECTRIC AGGREGATION PROGRAM Trustee Yusuf stated that the current contract with Eligo for the Municipal Electric Aggregation Program will be expiring soon and that the purpose of today's meeting is to determine whether or not to conduct the bid process for the 2017 program. Manger Ginex discussed the proposal sent by Eligo for the 2017 Electric Aggregation Program. Eligo proposed rates for 12, 18, 24, and 36 month periods. Eligo will only guarantee ComEd rate matching for the 2nd year of the contract. Mark Pruitt stated that Eligo's proposed rate is what is to be expected from other suppliers and that the Village should conduct the bid process. He also stated that other communities have returned to ComEd but still go out to bid every year to compare pricing. Mario Vescovi asked if Oak Brook can join with other municipalities in conducting a bid process. Mark Pruitt recommended against this since Oak Brook's load is more desirable to suppliers and will likely subsidize other communities with less desirable loads. Discussion ensued regarding issues the Village had with Eligo, ComEd rates, ComEd delivery charge, resident and small business eligibility, and tightening contract language. ELECTRIC AGGREGATION AND ISSUES MINUTES Page I of 2 MEETING OF MAY 18,2017 The consensus is to conduct the bid process for the 2017 Electric Aggregation Program, 5. RECOMMENATION TO VILLAGE BOARD A. Plan of Governance The Plan of Governance will be revised to include the new suppliers name and the 30 day opt out period rather than the 21 days. 5. OTHER BUSINESS—None 6. ADJOURNMENT Motion by Trustee Manzo, seconded by Mario Vescovi to adjourn the meeting of the Electric Aggregation and Issues Committee at 4:36 p.m. VOICE VOTE: Motion carried. ATTEST: va4-�-'4� Charlotte K. Pruss Village Clerk ELECTRIC AGGREGATION AND ISSUES MINUTES Page 2 of 2 MEETING OF MAY 18,2017