At its special meeting Monday night, the Bond Unit 2 school board approved a contract that should result in significant electric cost savings.
The board entered into a 36-month contract with Constellation, through electricity aggregator Affordable Gas and Electric (A-G-E). It will not go into effect until January of next year when the current electric contract expires.
Two representatives from A-G-E presented the board figures regarding current rates and projected savings. Over the three years, it is estimated Unit 2 could save about $140,000 in electricity costs.
Unit 2 Superintendent Wes Olson said A-G-E was the only consulting company submitting prices and the deadline was Monday.
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After making his motion for a three-year contract, Board Member Nate Prater said the savings were very good.
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Olson said the district may begin looking at its natural gas contract in the next few months. The current one expires in late 2020.