Electric Aggregation Program

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 Since the City last renewed pricing for its aggregation program (2014), pricing of all commodities has seen an unprecedented drop. For instance, the price of gasoline a year and a half ago ($4.50/gallon) has been cut in half. Similarly, electricity pricing has seen a significant drop over the last year.

As such, the recently released ComEd base rate of 6.275¢ per kWh through May 2017 is considerably lower than the City’s current electric aggregation program rate of 7.34¢ per kWh. Be aware, however, that the ComEd rate can change each month due to the floating PEA adjustment, so the ComEd rate can range from 5.695¢ to 6.815¢ per kWh during the next year.

Residents would be better served by switching back to ComEd for the duration of the City’s program (July 2017). The City aggregation program has no early termination fee, so any resident wanting to move to the lower ComEd rate may do so with no penalty by calling the City’s current supplier, Constellation, at 1-844-309-6302. (Neither the City nor ComEd can switch your account, only Constellation.) Residents should have their account number on hand when they call.

 


 
Residents can find alternative priced rates from other suppliers and additional information regarding municipal aggregation at the State of Illinois’ website: www.PlugInIllinois.org .

Residents with questions can call our consultant, NIMEC, at 1-800-727-3820.
To report an electrical outage, or for questions pertaining to your ComEd bill, call ComEd at 800-334-7661.

 

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