Dive Summary:
- The Chicago Common Council Wednesday voted 50-0 in favor of approving a $300 million aggregation deal with Integry to supply electricity for the city.
- The deal represents the largest such agreement in the U.S. right now, the Milwaukee Journal-Sentinel reports.
- Chicago Mayor Rahm Emanuel claims that the deal should save typical customers about 8% to 12%, or $130 to $150, by the time it expires in 2015.
From the article:
"... The deal is the largest aggregation contract in the country to date, and is expected to add as many as 900,000 customers and $300 million in revenue to Integrys. Integrys Energy Services has about 500,000 customers nationwide today. ..."