Community Bankers Association of Illinois

A Tip to Manage Your Energy Costs.

More than a dozen energy companies are calling on Illinois banks promoting significant savings on electric rates. TIP: Read the contracts carefully! RMG Energy, CBSC's recommended provider of energy consulting services, recently discovered that a proposed agreement submitted by an electricity aggregation program, included a "material change in usage and capacity clauses," which means the bank could pay for electricity it didn't use or pay a much greater rate for additional electricity beyond the original usage estimate. These clauses will expose the Banks to market fluctuation in a highly volatile market.

This tip provided by:

Richard Greve, President
RMG Energy Consultants
Phone #708-385-4670

  800.736.2224 (IL) | 217.529.2265  
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