[HISTORY: Adopted by the Board of Trustees of the Village of Coal City 5-29-2012 by Ord. No. 12-13. Amendments noted where applicable.]
The corporate authorities of the Village of Coal City find and determine that it is in the best interests of the Village to operate the electric aggregation program under Section 1-92 of the Illinois Power Agency Act (20 ILCS 3855/1-92) ("the Act") as an opt-out program.
The corporate authorities of the Village of Coal City hereby are authorized to aggregate in accordance with the terms of the Act residential and small commercial retail electrical loads located within the corporate limits of the Village of Coal City, and for that purpose may solicit bids and enter into service agreements to facilitate for those loads that sale and purchase of electricity and related services and equipment.
The corporate authorities of the Village of Coal City are granted the authority to exercise such authority jointly with any other municipality or county and, in combination with two or more municipalities or counties, may initiate a process jointly to authorize aggregation by majority vote of each particular municipality or county as required by the Act.
The aggregation program for the Village shall operate as an opt-out program for residential and small commercial retail customers.
The aggregation program shall be approved by a majority of the members of the corporate authority of the Village of Coal City.
The corporate authorities of the Village, with the assistance of the Illinois Power Agency, shall develop a plan of operation and governance for the aggregation program and shall conduct such public hearings and provide such public notice as required under the Act. The load aggregation plan shall provide for universal access to all applicable residential customers and equitable treatment of applicable residential customers, shall describe demand management and energy efficiency services to be provided to each class of customers and shall meet any requirements established by law concerning aggregated service offered pursuant to the Act.
As an opt-out program, the residential and small commercial retail customers shall be fully informed in advance that they have the right to opt out of the aggregation program. The disclosure and information provided to the customers shall comply with the requirements of the Act.
The electrical aggregation shall occur automatically for each person owning, occupying, controlling or using an electrical load center proposed to be aggregated in the corporate limits of the Village, subject to a right to opt out of the program as described under this chapter and the Act.
Because of the way the bidding process works, the Village Administrator or his or her designee will need to have the authority to sign a contract with the lowest-cost electricity provider on the same day that bids are received. The Village Administrator or his or her designee has the authority to execute a contract with the lowest-cost electricity supplier upon receipt and review of the bids.