(A) The village shall aggregate, in accordance with the terms of the Illinois Power Agency Act, ILCS Ch. 20, Act 3855 §§ 1 - 92 (the "Act")and the Electric Aggregation Plan (the "Plan"), residential and small commercial retail electrical loads located within the corporate limits of the village (the "Aggregation Program"), and for that purpose may solicit bids and enter into service agreements to facilitate for those loads the sale and purchase of electricity and related services and equipment.
(B) The village shall exercise such authority set forth in division (A) above jointly, with another municipality or county, and, in combination with two or more municipalities or counties, may initiate a process jointly to authorize aggregation by a majority vote of each particular municipality or county as required by the Act.
(C) The Aggregation Program for the village shall operate as an opt-out program for residential and small commercial retail customers.
(D) The village shall, in accordance with the Act, inform residential and small commercial retail customers in advance that they have the right to opt-out of the Aggregation Program.
(E) The electric aggregation shall occur automatically for each person owning, occupying, controlling, or using an electrical load center proposed to be aggregated in the corporate limits of the village, subject to a right to opt-out of the Program as described under this chapter and the Act.
(F) The corporate authorities hereby grant the Village Manager or his designee in writing the specific authority to execute a contract without further action by the corporate authorities.
(G) The corporate authorities hereby adopt the Plan, attached to Ordinance 2012-O-018 as Exhibit A and incorporated herein by reference.
(Ord. 2012-O-018, passed 5-1-12)