Kane County Board to Give Chairman Power to Deal in Power

Rural Kane County residents could be in line for lower electric rates if the county board approves a plan to give the county chairman authority to enter into an electricity aggregation contract. On Tuesday, the board is expected to authorize County Board Chairman Chris Lauzen to sign a contract within a day of securing a favorable rate.

“As you would remember from the last time you likely took out a loan on your home, the mortgage rate changes day to day,” Energy and Environmental Committee chairman Kurt Kojzarek said. “When you can secure a good rate, you lock it in as soon as possible. The energy market is much more fluid. If we waited until the rate went through the standard procedure for approval — Energy and Environment Committee to Executive Committee to County Board — we could see 20 or more days go by, and 20-plus different rates.”

Kojzarek said county won’t act unless the rate will lower bills for rural county residents.

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