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

House to vote on last four govt. funding bills costing $1.2 trillion

House to vote on last four govt. funding bills costing $1.2 trillion

By Thérèse BoudreauxThe Center Square Ten days before the government funding deadline, congressional appropriators released the last four fiscal year 2026 spending bills for the U.S. House to vote on....
Illinois House speaker, unions push millionaire’s tax as lawmakers return

Illinois House speaker, unions push millionaire’s tax as lawmakers return

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois state representatives are scheduled to be back in Springfield this week, and there is bipartisan concern...
Reports: Walz, Frey, Ellison among those issued subpoenas by U.S. Justice

Reports: Walz, Frey, Ellison among those issued subpoenas by U.S. Justice

By J.D. DavidsonThe Center Square High-ranking Minnesota elected officials on Tuesday were served subpoenas by the U.S. Department of Justice, according to multiple reports. Gov. Tim Walz, Attorney General Keith...
Supreme Court hears arguments in 'vampire rule' gun case

Supreme Court hears arguments in ‘vampire rule’ gun case

By Andrew RiceThe Center Square The U.S. Supreme Court heard arguments on Tuesday in a case over a Hawaii law that prohibits concealed carry permit holders from bringing guns on...
Trump slams 'stupid' UK decision to give back key military base

Trump slams ‘stupid’ UK decision to give back key military base

By Brett RowlandThe Center Square President Donald Trump sharply criticized the United Kingdom's decision to hand over the Chagos Islands, the location of a strategic U.S. military base, to Mauritius....
Bill would block Arizona Guard from unauthorized U.S. wars

Bill would block Arizona Guard from unauthorized U.S. wars

By Zachery SchmidtThe Center Square A new bill seeks to make Arizona the first state in the country to prevent its National Guard from fighting in wars not authorized by...
leglislative updates

Webinar to Explore Impact of Federal Policies on Illinois Communities

Article Summary: A free upcoming webinar will provide Illinois local leaders and professionals with insights into how shifting federal legislation will affect county-level management and resources. Federal Policy Webinar Key...
Audit: Illinois State professors skipped required outside work disclosures

Audit: Illinois State professors skipped required outside work disclosures

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois lawmaker is raising serious concerns about cybersecurity and legal compliance at Illinois State University...
Trump urges arrests after church protest in St. Paul

Trump urges arrests after church protest in St. Paul

By Elyse ApelThe Center Square President Donald Trump called for protestors to be “thrown in jail” following a protest which disrupted a Sunday morning service in St. Paul. Trump’s words...
Trump says 'no going back' on plans to annex Greenland

Trump says ‘no going back’ on plans to annex Greenland

By Brett RowlandThe Center Square President Donald Trump positioned the annexation of Greenland as essential for U.S. and global security, even as European leaders voiced strong resistance during the World...
WATCH: GOP governor candidates forum highlights; Pritzker talks taxes increase, Bears

WATCH: GOP governor candidates forum highlights; Pritzker talks taxes increase, Bears

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square's Greg Bishop provides highlights from Monday...
Illinois ‘RIFL’ act sparks fierce debate as lawmakers return to Springfield

Illinois ‘RIFL’ act sparks fierce debate as lawmakers return to Springfield

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – As Illinois lawmakers convene for the 2026 legislative session, House Bill 3320, Responsibility in Firearm Legislation...
SCOTUS declines to hear felony firearms cases

SCOTUS declines to hear felony firearms cases

By Andrew RiceThe Center Square The U.S. Supreme Court on Tuesday declined to take up two cases over whether individuals with felony records can be permanently disarmed under the Second...
Illinois Quick Hits: No injuries reported in Tuesday earthquake

Illinois Quick Hits: No injuries reported in Tuesday earthquake

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – No injuries have been reported after the U.S. Geological Survey reported a magnitude 3.8 earthquake near the...
One year in: Reviewing Trump's inaugural promises

One year in: Reviewing Trump’s inaugural promises

By Andrew RiceThe Center Square One year ago Tuesday, President Donald Trump told the nation its “golden age” had arrived, promising to spend his second term restoring stability at home...