New Illinois company hopes to offer cheaper power
New Illinois Cooperative Energy, or NICE, was developed by Illinoisans upset with electric rate increases since last year. It's led by Greenville-based Southwestern Electric Cooperative.
NICE hopes to get a large enough pool of customers to let the co-op negotiate attractive power-purchase prices.
The venture would draw lower rates by buying electricity more often and timing the market to catch lower prices.
NICE customers would still will get their power from Ameren, the distributing company, over Ameren's lines.
At least 7,000 customers must sign up in Ameren's service territory before the program may start.
Related News
California Welcomes 70 Volvo VNR Electric Trucks
CALIFORNIA - In a significant step toward sustainable transportation, the Switch-On project is bringing 70 Volvo VNR Electric trucks to California. This initiative aims to bolster the state's efforts to reduce emissions and transition to greener logistics solutions. The arrival of these electric vehicles marks an important milestone in California's commitment to combating climate change and improving air quality.
The Switch-On Project: Overview and Goals
The Switch-On project is a collaborative effort designed to enhance electric truck adoption in California. It focuses on developing the necessary infrastructure and technology to support electric vehicles (EVs) in the freight and logistics sectors.…
