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.
Isolated Rain Showers then Partly Sunny
Latest News Stories
New Lenox 122 Eyes Future Budget Cuts to Offset Full-Day Kindergarten Costs, Approves Quad Plus Tax Abatement
Minooka Blasts Five Home Runs to Overpower Lincoln-Way Central 12-2
New Lenox Seeks $2.5 Million State Loan for Water Main Replacements, Sets $1.2 Million in Sureties for Spencer Meadows
Board Approves $1.04 Million in New Curriculum for New Lenox District 122
Meeting Summary and Briefs: New Lenox Community Park District Board of Commissioners for February 18, 2026
Meeting Summary and Briefs: New Lenox Township Board of Trustees for February 12, 2026
Tingley’s Perfect 5-for-5 Day, Shutdown Bullpen Rally Lincoln-Way Central Past Joliet Catholic 13-6
New Lenox Mayor Slams Springfield Affordable Housing Proposal as “Garbage,” Board Passes Opposing Resolution
Frankfort Man Arrested by State Police for Threatening Governor Pritzker
St. Charles East Blanks Lincoln-Way Central 10-0 Behind Dominant Pitching and Majkszak’s Power
Meeting Summary and Briefs: Capital Improvements & IT Committee for March 3, 2026
New Lenox District 122 Approves Full-Day Kindergarten for 2027-2028, Extends Teacher Contract
New Lenox Park District Set to Launch Massive ADA Audits Across Dozens of Local Parks
