New Electricity Contract to Save Lincoln-Way Over $500,000 Next Year
Lincoln-Way High School District 210 is poised for significant energy cost savings after the Board of Education unanimously approved a new 54-month electric commodity contract with Direct Energy.
The agreement, approved at the April 17 board meeting, is projected to save the district more than $500,000 in the next fiscal year alone.
“Approximately $310,000 of that will be a recurring reduction in future years,” Assistant Superintendent of Business Michael Duback told the board.
The district partnered with commodities broker Mike Perry to conduct a request for proposals (RFP) to secure the most favorable electricity rates. Duback explained that pursuing the agreement now allows the district to lock in rates and capitalize on favorable market conditions, leading to substantial budget relief.
The new contract with Direct Energy will begin in December 2025 and run for a term of 54 months. The approval will allow the administration to finalize the contract, ensuring the cost-saving measures are in place for the coming years. The motion to approve the contract was made by Richard C. LaCien Jr. and seconded by Dana Bergthold.
Showers And Thunderstorms Likely
Latest News Stories
Lincoln-Way West Rallies to Edge Lincoln-Way Central in 10-8 Victory
Sandburg Edges Lincoln-Way West in Tight Conference Duel
EXCLUSIVE: The Oversight Project calls for investigation into Fusus, Oak Brook contract
Will County Executive Committee Recommends 600 MW Pride of the Prairie Solar Project in 6-5 Split Vote
Aging Systems and Judicial Mandates Drive Significant FY2027 Budget Requests for Will County Courts and Sheriff
Meeting Summary and Briefs: Will County Planning and Zoning Commission for May 5, 2026
Debate grows over bill on gender, abortion care access in child placement
Lawsuit: D300 secretly gender transitioned student; Seeks to nix IL gender ‘guidance,’ too
IL biometric privacy suits say tech companies used broadcasters’ work to train AI
Illinois Quick Hits: Report shows 8% of Cook County offenders on electronic monitoring AWOL
GOP congressional candidate calls single-stream recycling a ‘sham’
Meeting Summary and Briefs: Will County Board Public Works & Transportation Committee for May 5, 2026
Will County Legislative Committee: Pushes Forward with Ban on Cryptocurrency Kiosks