Oakbrook Terrace, Ill., Aug. 1, 2011 — Nordic Energy Services formed a three-year partnership with the village of Erie, Illinois. Nordic Energy Services will be the electricity provider of choice for households and businesses within the community.
Under the agreement, Nordic Energy Services provides the village of Erie a fixed price on electricity for the three-year period. Residents and businesses will receive savings over their existing utility rate.
Erie has established an "opt-out" aggregation program that automatically enrolls residents and businesses to receive the new fixed rate. Residents or businesses currently with another provider other than the utility will not be enrolled. Residents and businesses will be given the opportunity to opt-out of the program before it starts if they so desire.