The town of Marion is trying to help its residents and businesses by saving money on their electric bills.

According to The Boston Globe, Marion is a participating community in a municipal energy aggregation effort organized by the Southeast Regional Planning and Economic Development District.

State law allows cities and towns to enter into a collection of agreements with investor-owned utilities in which there is a negotiation by the town for common electric rates for the community’s residents and businesses.

Those communities that are participating must plan and select a common supplier.  They also have to negotiate their prices under the Southeast Regional initiative.

Back in May, the town of Marion approved to participate in the initiative. Town Administrator Paul Dawson, stated that Good Energy will conduct the bidding in the fall, which will provide rates that will take place in the winter.

With additional reporting by Sal Lopez