ITEM RES 00-04938 2025

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The document outlines a resolution for the Village of Downers Grove to confirm the execution of a Master Power Supply Agreement with FirstEnergy Solutions Corp. for an electrical aggregation program. The agreement aims to provide full-requirements electricity supply and related services, resulting in significant savings for residents and eligible businesses, estimated at approximately 42% compared to ComEd rates. The document details the strategic plan alignment, fiscal impact, recommendations for approval, and the background of the bidding process that led to selecting FirstEnergy Solutions as the supplier.

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Click ‘Get Form’ to open ITEM RES 00-04938 in the editor.
Begin by filling in the 'Submitted By' section, indicating whether it is a Resolution, Ordinance, Motion, or Discussion Only.
In the 'Synopsis' field, summarize the purpose of the resolution regarding the Master Power Supply Agreement.
Complete the 'Fiscal Impact' section by detailing any financial implications for residents and businesses.
In the 'Recommendation' area, state your approval for inclusion on the Consent Agenda.
Review all sections for accuracy and completeness before saving your changes.

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