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Municipal Electricity Aggregation Program to End in August of 2017

Post Date:07/17/2017 8:28 AM
Since 2012, the Village has managed an Electricity Aggregation program which has enabled us to negotiate electric rates for residents’ homes and small businesses by aggregating the community’s electricity usage. The average single family home who stayed with the program in its entirety would have realized $135 in savings.

In the fall of 2014, the Village began to encourage participating accounts to switch back to ComEd or find an alternative electricity supplier as electricity rates fell below the electricity aggregation program rate.

The Village recently sought bids to renew the Municipal Electricity Aggregation Program expiring in August. However, bids re­ceived were not low enough to guarantee savings compared to the projected ComEd rate, so the Village is in the process of suspending the Electricity Aggregation Program. All residential and small business accounts currently in the program will automatically be returned to ComEd following meter readings in September. No action is needed on your part to revert back to ComEd.

All residential and small business accounts currently in the program will receive a letter from ComEd in July titled Electric Supplier Choice – Confirmation of Drop informing you that your account will switch back to ComEd. Again, no action is needed on your part.

No one from the Village or the Village’s aggregation supplier will contact you by phone or in person. All communication about the Village’s program will be communicated through the mail. Should you receive a solicitation from someone claiming to be associated with the Village or the Village’s supplier, report the solicitor to the Illinois Commerce Commission at www.icc.illinois.gov/complaints or (800-524-0795) and inform the Village.

You are free to select an alternate supplier. Visit www.PluginIllinois.org to find a listing of offers from other suppliers. We suggest that when considering any solicitation or offer, you should avoid variable rates, early termination fees and additional monthly fees.  It is recommended not share your ComEd account number unless you have decided to move your account to that supplier.

For questions about the program, you may contact the Northern Illinois Municipal Electric Collaborative (NIMEC) at 800/727-3820 or the Village at 847/392-6000.

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