Evanston officials say they’ve managed to save taxpayers a bit on the cost of providing electric power to city buildings.
Aldermen Monday approved a contract with Mid-American Energy of Davenport, Iowa, to provide power to 23 city buildings over the next two years for a total of $2.89 million.
Under the new contract the city will pay about 7 percent less per kilowatt hour of electricity used that it does under its existing agreement with Constellation New Energy.
Two years ago the state ended Commonwealth Edison’s monopoly on selling electricity to customers. That has opened up the opportunity for large electricity consumers to purchase power from any of several alternate retail electricity suppliers.