Montgomery County Finance Committee

County Secures Direct Energy Contracts Following Finance Committee Review

Montgomery County Finance and Budget Committee | April 2026

Article Summary: The Montgomery County Finance and Budget Committee recommended approval of a 36-month utility contract with Direct Energy following a presentation by third-party brokers from Tradition Energy.

County Finance and Utility Key Points:

  • The committee approved a 36-month fixed-pricing contract with Direct Energy at $4.479 for natural gas.

  • A 36-month capacity pricing agreement was also approved for electricity at a rate of .0610 plus supplier costs.

  • The county’s Coal Fund balance sits at $10.8 million following a February royalty payment of $52,273.98.

  • The county will seek a refund from Bruce Harris following its acquisition by Beacon.

The Montgomery County Finance and Budget Committee on Thursday, April 9, 2026, locked in the county’s utility rates for the next three years, approving a pair of contracts with Direct Energy.

Michael Skelton and Justin Heid of Tradition Energy appeared virtually before the committee to present their analysis of electric and natural gas bids. Following their recommendation, the committee voted unanimously to accept Direct Energy’s proposal for a 36-month electricity capacity contract at a rate of .0610 plus supplier costs, which represents a slight increase over previous rates. The committee also secured a 36-month fixed pricing contract for natural gas at $4.479, which Tradition Energy noted was a slight decrease.

The committee also received a highly positive financial update regarding the county’s Coal Fund. The committee reviewed a February royalty payment totaling $52,273.98, bringing the total Coal Fund balance to a robust $10.8 million. Treasurer Nikki Lohman reported that several county investments have recently matured, resulting in increased interest income across the board.

In technology matters, County Board Administrator Mike Plunkett reported that the county will abandon its planned transition to the Bruce Harris GIS platform. Because the Bruce Harris firm was recently purchased by Beacon—the county’s current GIS provider—the switch is no longer necessary. Plunkett and Supervisor of Assessments Tysha Mullen have formally requested a refund for the contract money previously paid to Bruce Harris.

Looking ahead to the next fiscal year, the committee officially kicked off the FY2027 budget cycle. Plunkett presented the UCCI Salary Study and the county’s Collective Bargaining Agreements for 2027, which the committee will review over the next month before recommending wage changes and starting salaries. The committee also tentatively scheduled the FY2027 Budget Hearings for August 18 and 19, beginning at 8:30 a.m. each day.

Leave a Comment





Latest News Stories

Trump extends Jones Act waiver, citing national securit

Trump extends Jones Act waiver, citing national securit

By Alton WallaceThe Center Square The Trump administration has suspended for an additional 90 days a law forbidding foreign-owned and crewed ships from transporting goods between U.S. ports in an...
Trump admin continues to crack down on fraudulent visa schemes

Trump admin continues to crack down on fraudulent visa schemes

By Bethany BlankleyThe Center Square The Trump administration is continuing to crack down on fraudulent visa schemes that are occurring nationwide. In New Jersey, a Korean man pleaded guilty to...
Virginia 1 of 4 in courtroom battles for congressional redistricting

Virginia 1 of 4 in courtroom battles for congressional redistricting

By Shirleen GuerraThe Center Square Less than 100 days into Gov. Abigail Spanberger’s administration, Virginia’s redistricting fight is unfolding across multiple fronts, from the ballot box to the Legislature and...
Litchfield Panthers Baseball Graphic

Litchfield Builds Early Lead, Holds Off Pana 7-3 in Conference Clash

A relentless early offensive approach allowed the Litchfield varsity baseball team to build a comfortable cushion and secure a 7-3 conference victory over visiting Pana on Thursday afternoon. Litchfield (25-26)...
Litchfield Girls Soccer Graphic

Litchfield’s Offensive Barrage Overwhelms Greenville in 7-0 Conference Shutout

The Litchfield varsity girls' soccer team delivered another dominant conference performance on Thursday, utilizing a relentless offensive attack and stifling defense to secure a 7-0 home victory over Greenville. Litchfield...
Litchfield Panthers Softball Graphic

Laker Tosses Shutout, Bowker Collects Four Hits as Pana Blanks Litchfield 12-0

A relentless offensive attack and a stellar pitching performance from senior Joey Laker propelled the Pana varsity softball team to a commanding 12-0 conference road victory over Litchfield on Thursday...
Illinois Quick Hits: State gaming board renew Rockford casino license

Illinois Quick Hits: State gaming board renew Rockford casino license

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has renewed Hard Rock Casino Rockford’s license for four years, retroactive to January...
Arizona GOP pushes to protect Colorado River's limited water

Arizona GOP pushes to protect Colorado River’s limited water

By Zachery SchmidtThe Center Square Arizona Republicans are seeking to protect the Colorado River as its water supply continues to dwindle. State Senate President Warren Petersen, R-Gilbert; state House Speaker...
Republicans challenge Clyde in Georgia's 9th District

Republicans challenge Clyde in Georgia’s 9th District

By Andrew RiceThe Center Square Incumbent Rep. Andrew Clyde, R-Ga., is facing a primary challenger in his bid to hold on to his 9th District post. Sam Couvillon and Joel...
Fort Bragg soldier’s case continues Tuesday in New York

Fort Bragg soldier’s case continues Tuesday in New York

By Alan WootenThe Center Square An enlisted soldier at Fort Bragg was granted $250,000 bond release on Friday and will have his charges of using classified information to win $400,000...
Justice Department drops Federal Reserve probe, kicks to watchdog

Justice Department drops Federal Reserve probe, kicks to watchdog

By Brett RowlandThe Center Square U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, days after a...
Pritzker: 'Need for speed' for megaprojects bill with tax breaks

Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says there is a need for speed when it comes to the Chicago Bears...
NYC schools probed over claims of antisemitism

NYC schools probed over claims of antisemitism

By Chris WadeThe Center Square The Trump administration is investigating claims that New York City schools violated the civil rights of Jewish students by hosting seminars on Palestinian resistance. The...
Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Americans for Prosperity Illinois says megaprojects legislation that cleared the Illinois House could give a proposed development...
Soldier's insider trading case puts prediction markets to the test

Soldier’s insider trading case puts prediction markets to the test

By Brett RowlandThe Center Square An alleged attempt by a U.S. Army Special Forces soldier to profit from classified military intelligence on a prediction market platform has resulted in the...