Limerick Township's Board of Supervisors voted unanimously (minus supervisor Joseph St. Pedro, who was absent) on Tuesday night to keep Constellation Energy as the township's energy provider for the next four years.
Due to deregulation, the township is required to bid out electrical supply. Two years ago, the township decided to join the Municipal Electrical Alliance, which is a state contract program.
At that time, the rates were very favorable, and now that the contract is up for renewal, township manager Dan Kerr said that "electric rates are at an historic low."
A new four-year agreement would save the township $32,479 per year because the rates would be locked in at the current rate.
Kerr said that if the township did not stay with the Municipal Electrical Alliance, they would have to hire a consultant to prepare a bid package, resulting in higher costs to the township.
The board agreed that a four-year contract would be a better option.
"My kudos to Beth [DiPrete, assistant township manager] for being on top of things financially and always looking out for our best interests...she does that consistenly and helps out the taxpayers of this community," said supervisor Elaine DeWan.