PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Electrical Utilities  | Gas  | Oil & Energy  | Utilities  | Contracts

Nordic Energy Awarded Hinsdale, IL Electricity Contract

Municipal electricity aggregation agreement helps residents save up to 40% off the utility

Share with Twitter Share with LinkedIn

OAKBROOK TERRACE, Ill., May 15, 2012 /PRNewswire/ -- On May 2, Nordic Energy Services was awarded the Hinsdale municipal aggregation contract. Nordic Energy Services, LLC, an Illinois-based leading alternative energy supplier serving Illinois and NW Indiana, participated in an open RFP process after the village passed a referendum in March. The RFP process was overseen by the Northern Illinois Municipal Electric Cooperative (NIMEC) and included multiple bids.

"I'm so pleased with the bid results and look forward to our relationship with Nordic in bringing the residents of Hinsdale significant savings on their electric bills," stated Laura LaPlaca, Hinsdale Trustee and Chair of the Environmental and Public Service Committee. "By acting quickly after the passage of the referendum, we hope to get that savings to residents as soon as mid-summer--a welcome relief during air conditioning season!"

Under the agreement, residents can realize a savings of up to 40% off the utility rate. Residents will receive a fixed rate of 4.6 cents per kWh. "We are proud to be Hinsdale's electricity provider of choice as we are a local company and many of us at Nordic have ties to the community," said James Deering, President of Nordic Energy Services. "We look forward to helping the community save up to approximately $3 million a year on their electricity expenses."

The Village of Hinsdale has established an "opt-out" aggregation program that automatically enrolls residents and businesses to receive their new, lower fixed rate. Residents currently with another provider, other than the utility, will not be enrolled. Residents and businesses will be given the opportunity to "opt-out" of the program before it starts. Switching electric providers is completely seamless and there will be no service interruption. ComEd will continue to be responsible for the delivery of electricity, maintenance and will respond to power outages. Hinsdale residents and businesses will receive one electric bill per month from ComEd that reflects their new electricity rate from Nordic Energy Services beginning in July.

Nordic Energy Services, LLC (www.nordicenergy-us.com) is an independently owned, Chicago-based, Alternative Retail Electric Supplier (ARES) and Alternative Gas Supplier (AGS). Nordic Energy supplies natural gas and electricity with related services to commercial customers behind six utilities in Illinois and Indiana, and provides electricity to residential customers throughout Illinois. Working toward its mission of being a fully integrated energy provider, Nordic also produces oil and natural gas commodities. For their commercial customers, Nordic offers customized risk management and hedging solutions, energy scheduling, and bill audit services.

For further information please contact:

Nordic Energy Contact:

Lube Marketing Contact

Jennifer Huerta

Robert Lube

Contracts Administrator

President

630 321-0888

630 649-4709

jhuerta@nordicenergy-us.com

lubemarketing@gmail.com

SOURCE Nordic Energy Services, LLC



RELATED LINKS
http://www.nordicenergy-us.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release