HomeMy Public PortalAboutResolution 1843 RESOLUTION NO. 1843
A RESOLUTION AUTHORIZING THE VILLAGE ADMINISTRATOR TO ENTER INTO A
CONTRACT FOR THE PURCHASE OF ELECTRICITY FROM THE LOWEST COST
ELECTRICITY PROVIDER FOR THE PURPOSES OF STREET LIGHTING AND
COMMERCIAL ACCOUNTS THROUGH THE NORTHERN ILLINOIS MUNICIPAL
ELECTRIC COLLABORATIVE BID PROCESS
WHEREAS, the Village of Plainfield has previously joined the Northern Illinois Municipal Collaborative
(NIMEC) for the purpose of procuring electricity through a cooperative pool to receive a more competitive
bid price on electricity.NIMEC's membership consists of 160+northern Illinois governmental entities;
WHEREAS, the Village through its participation in the NIMEC bid process has previously entered into
contracts with the lowest bidder for electricity for the Village's facilities as well as street lights.
WHEREAS,Commonwealth Edison no longer offers a fixed rate for larger street light accounts,only smaller
sized accounts. ComEd prices larger sized accounts on a floating market rate that changes every hour. It is
not possible to predict those rates for the following 12 months, as they are dependent upon weather, usage
and other market factors. Fixed rates for medium and large sized accounts are only available from suppliers
other than ComEd;
WHEREAS, because commodity pricing is volatile, the Village Administrator or Assistant
Administrator/Management Services Director will need to have the authority to sign a contract with the
electricity provider which is deemed most favorable for the Village on the same day that bids are presented
by NIMEC, and determine if the desired contract should be for a one,two or three-year term;
NOW, THEREFORE, BE IT RESOLVED, that, in light of the time constraints applicable to the
acceptance of a competitive bid for a supply of electricity, once the bids are received by NIMEC,the Village
Administrator or Assistant Administrator/Management Services Director is hereby authorized to sign the
most favorable contract.
ADOPTED this 15th day of April 2024, pursuant to a roll call vote as follows:
AYES: Kalkanis,Kiefer, Larson,Ruane, Wojowski
NAYS: None
ABSENT: Bonuchi
APPROVED by me this 15th day of April 2024.
John F. Argoude 's, ent
ATTESTED and filed in my office,
t day of April 2024.
Michelle Gibas, Clerk