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

Autism care providers, parents urge change in ownership mandate

Autism care providers, parents urge change in ownership mandate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Autism care providers and parents say a crisis is looming for Illinois’ network of services. Dr. Rebecca...
Illinois Quick Hits: Bears want more from state

Illinois Quick Hits: Bears want more from state

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Bears say a megaprojects bill passed by the Illinois House needs additional amendments in order...
Montgomery County Personnel Committee

Pattern Energy Faces Continued Public Backlash Over ‘Shoals’ Wind and Solar Project

Montgomery County Development and Personnel Committee | April 2026 Article Summary: Representatives from Pattern Energy addressed the Development and Personnel Committee regarding their proposed 500MW hybrid renewable project, facing intense scrutiny...
Bears, megaprojects tax incentive bill heads to Senate after clearing House

Bears, megaprojects tax incentive bill heads to Senate after clearing House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois House has passed legislation to provide tax incentives for the Chicago Bears and other megaprojects...
House Dems pass redistricting amendment GOP says will lead to more gerrymandering

House Dems pass redistricting amendment GOP says will lead to more gerrymandering

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Democrat state legislators say they are one step closer to standing against attacks on voting rights after...
Litchfield Panthers Track Graphic

Litchfield Track & Field Programs Finish Strong at Comet Open

The Litchfield boys' and girls' track and field teams delivered another series of impressive performances on Tuesday, April 21, at the Comet Open hosted by Greenville High School. The boys’...
Litchfield Panthers Baseball Graphic

Litchfield Offense Strikes Early, Rolls Past Staunton 10-5

The Litchfield varsity baseball team jumped out to a quick lead and never looked back, securing a 10-5 conference victory over visiting Staunton on Tuesday afternoon. Litchfield set the tone...
Litchfield Panthers Softball Graphic

Early Offense, Kolesar’s Complete Game Propel Staunton Past Litchfield, 3-1

A strong pitching performance from freshman Carly Kolesar and a capitalization on early defensive miscues helped the Staunton varsity softball team secure a 3-1 road victory over Litchfield on Tuesday...
Illinois Quick Hits: Governor announces green tax credits for film and TV

Illinois Quick Hits: Governor announces green tax credits for film and TV

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has announced a new 5% tax credit to incentivize green film and television production....
‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says

‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois is falling behind the rest of the country at reforming its court system, and in some ways is headed in the...
AG candidate seeks to reform SAFE-T Act

AG candidate seeks to reform SAFE-T Act

By Sean Reed | The Center SquareThe Center Square (The Center Square) – An Illinois attorney general candidate launched a new initiative to reform the SAFE-T Act. The law enacted...
Op-Ed: Senate Bill 3070 provides sensible solution for students, manufacturers

Op-Ed: Senate Bill 3070 provides sensible solution for students, manufacturers

By Ben BarnettThe Center Square Illinois manufacturers face a serious problem. We have modern, high-tech facilities running at full capacity, but we struggle to find the young talent needed to...
Illinois millionaire’s tax moves closer to November ballot

Illinois millionaire’s tax moves closer to November ballot

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A measure giving Illinois voters the opportunity to consider a millionaire’s tax is one step closer to...
montgomery county Graphic Logo.2

County Approves Farmersville Solar Road Agreement and Two Bridge Repair Projects

Montgomery County Board Meeting | March 10, 2026 Article Summary: The Montgomery County Board approved a formal road use agreement with CF Farmersville Solar to utilize Main Street for construction access,...
Litchfield Girls Soccer Graphic

Litchfield Offense Erupts in 9-0 Shutout Over Riverton/Tri-City

The Litchfield varsity girls' soccer team continued its spectacular run of form on Monday, overwhelming visiting Riverton/Tri-City 9-0 in a non-conference home matchup. Litchfield dictated the pace and possession from...