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

lincoln land community college graphic Logo

Board Approves $440,000 Architect Fee Increase for Campus Master Plan

LLCC Board of Trustees Meeting | December 15, 2025 Article Summary: The LLCC Board of Trustees approved a modification to the agreement with Demonica Kemper Architects, increasing fees by $440,000....
Poll: Majority prefer Trump's immigration policies over Biden's

Poll: Majority prefer Trump’s immigration policies over Biden’s

By Dan McCalebThe Center Square A majority of Americans say they prefer President Donald Trump's approach to border security and immigration than they do former President Joe Biden's, according to...
Illinois eyes smarter park funding: handicap accessibility gets priority

Illinois eyes smarter park funding: handicap accessibility gets priority

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are proposing a change to the way state parks receive funding, one that could...
Nation's first primary states to begin early voting

Nation’s first primary states to begin early voting

By Andrew RiceThe Center Square Early voting has begun or is about to begin in states with the earliest 2026 midterm election primaries. Illinois, North Carolina, Texas, Arkansas, and Mississippi...
Vermont EV buses prove unreliable for transportation this winter

Vermont EV buses prove unreliable for transportation this winter

By Tate MillerThe Center Square Electric buses are proving unreliable this winter for Vermont's Green Mountain Transit, as it needs to be over 41 degrees for the buses to charge,...
Idaho has least childcare regulations, Vermont the most out of the 50 states

Idaho has least childcare regulations, Vermont the most out of the 50 states

By Tate MillerThe Center Square Idaho ranks as the freest of the 50 states when it comes to childcare regulations, while Vermont is the least free, according to a new...
lincoln land community college graphic Logo.3

LLCC Board Approves 2025 Tax Levy; Tax Rate Expected to Decrease

LLCC Board of Trustees Meeting | December 15, 2025 Article Summary: The Lincoln Land Community College (LLCC) Board of Trustees approved a 2025 tax levy totaling approximately $43.4 million during...
Lawsuit investor Burford can upend Sysco’s $50M chicken price settlement

Lawsuit investor Burford can upend Sysco’s $50M chicken price settlement

By Jonathan Bilyk | Legal NewslineThe Center Square A Chicago federal appeals panel will allow Burford Capital, the world's largest third-party lawsuit investor, to force poultry producer Pilgrim's Pride back...
Gas prices projected to rise if Pritzker fails to act on E10 waiver

Gas prices projected to rise if Pritzker fails to act on E10 waiver

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gas prices have dropped across the country in recent months, but the Illinois Fuel and Retail Association...
U.S. LNG exports hit new high as Turkey buys big

U.S. LNG exports hit new high as Turkey buys big

By Alton WallaceThe Center Square U.S. LNG exports reached a fresh record of 525.1 million cubic feet in November, with shipments to trade partners including Turkey, Egypt and several European...
Illinois Quick Hits: CTA passenger set on fire in November leaves hospital

Illinois Quick Hits: CTA passenger set on fire in November leaves hospital

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Chicago Transit Authority train passenger says she has been released from the hospital more than two...
House Oversight probes Rep. Ilhan Omar's husband's businesses

House Oversight probes Rep. Ilhan Omar’s husband’s businesses

By Brett RowlandThe Center Square The House Oversight Committee is investigating the rapid rise in value of two companies owned by Rep. Ilhan Omar's husband, amid concerns over financial transparency...

WATCH: IL Senate GOP proposes SAFE-T Act changes for domestic violence violations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Senate Republican Leader John Curran says his caucus has proposed changes to the SAFE-T Act that...
Illinois open-burn bill ignites capitol clash

Illinois open-burn bill ignites capitol clash

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A proposal aimed at giving local fire protection districts more oversight of open burning in unincorporated...
AMA's medical education infused with political ideology, Do No Harm says

AMA’s medical education infused with political ideology, Do No Harm says

By Tate MillerThe Center Square In its ongoing fight against identity politics in medicine, Do No Harm exposed the American Medical Association this week for content related to identity politics...