Village trustees approved entering into an agreement with Glacial Energy of Elmhurst to purchase electricity for village use.
Trustees heard a presentation Thursday from Roger Dillon with Glacial Energy. Dillon explained that the village currently has 17 different meters at different village locations.
According to Dillon, Glacial Energy buys electricity daily on the open market and then sells it to municipalities and businesses.
The village buys electricity from Ameren Illinois. Dillon said the village would save a minimum of $6,200 a year by buying from Glacial Energy and the savings could be more if Ameren Illinois raises its rates.
The agreement with Glacial Energy can be terminated with a 30-day notice by either party.