Starting January 1, 2019, Harvard Community Unit School District 50 switched electric suppliers to the Illinois Energy Consortium. The new supplier is a not-for-profit corporation dedicated to providing reliable energy for schools and universities.
The change provides $45,000 in cost savings over the next three years.
“We are committed to budgetary responsibility for our community and the taxpayers of District 50. The Illinois Energy Consortium provides savings without compromising services and enables us to focus more resources to our students,” said Michael Prombo, chief financial officer of District 50.
From the Illinois Energy Consortium:
How does the IEC continually offer less expensive energy supply?
Due to the large volume of members (over 300 million kWh of electric power and 2.5 billion cubic feet of gas annually) that are served, IEC members benefit directly by increased purchasing leverage and efficiency. Our main goal is to help our members with energy budget savings and accuracy and help them avoid the volatile energy price spikes that the U.S. energy market has endured in the past.