Border Energy opt-out letters sent:
But with last year’s date
Sunbury’s energy broker Scott Belcastro, Trebel, LLC, visited Sunbury Village Council on February 5 with a report of savings Village residents and small businesses have received since March of last year as the result of the electricity aggregation contract he brokered between the Village and Border Energy.
Sunbury placed electricity and natural gas government aggregation issues on the November 8, 2011, ballot. Voters approved by significant margins the ballot issues allowing the Village to negotiate residential and small business electric and natural gas aggregation.
Belcastro, who also brokered an electric aggregation program for village facilities, subsequently brokered a one-year, opt-out residential and small business electric aggregation program that has saved Village residents 15 percent off of electricity generation costs; small businesses saved 10 percent.
Following the contract’s initial 21-day opt-out period the residential electricity early termination fee was $50, and once every 12 months residents in the program could opt-out for free; the small business/commercial opt-out fee was $150.
That program’s one-year contract with Border Energy went into effect in March of 2012.
At the February 5 Village Council meeting Belcastro explained that Sunbury residents who stayed in the program saved a total of $74,606; with small business owners savings added in, Belcastro said the Border Energy contract put $88,600 back into the community.
With March on the horizon, Belcastro said Border Energy would be willing to hold savings at 15 percent, eliminate the contract’s early termination fee, and increase the small business savings to 15 percent if the Village wanted to extend the contract for an additional year.
Council members voted unanimously to extend the Border Energy electricity aggregation contract for one year, without the previous contract’s early termination fee.
Belcastro said Village residents would still receive letters advising them of their right to opt-out of the program.
Early this month the opt-out letters were in the mail before someone discovered that the letters contained an opt-out deadline date in March of 2013.
During the March 5 Sunbury Village Council meeting Sunbury Village Administrator Dave Martin said Belcastro would consult with Border Energy to determine if a fresh batch of corrected letters would be mailed to Village residents and small business owners.