Godfrey Welcomes New Electric Supplier Homefield Energy as Aggregation Program Continues
GODFREY – Godfrey residents may notice a mailing this week from Homefield Energy introducing themselves as the new electric supplier for the area’s electric aggregation program. For those unfamiliar with the program, Godfrey voters overwhelmingly approved a referendum on the ballot back in 2012 to enter into an electric aggregation program with a company called Good Energy. Along with many surrounding communities in southwestern Illinois, Godfrey would benefit from the collective purchasing power of this large consortium. Historically, participating in the program has resulted in significant cost-savings for residents. Over the past two years, however, there has been substantial volatility in the electricity market driven by clean air initiatives and a poor economy, resulting in higher prices. During the last contract period with Good Energy, the supplier was Constellation NewEnergy as the previous supplier, Homefield, couldn’t be competitive in their pricing. As