Municipal Electric Aggregation with MC Squared
On June 20, 2023, the Village Board of Trustees approved the renewal of the municipal aggregation program with a Chicago-based company, MC Squared Energy Services, LLC (MC2). This program will go into effect for the remaining term of Twelve (12) months, ending with the October 2024 ComEd meter read cycle. The agreement will serve eligible residents and small business customers with an electric supply price equal to the ComEd rate for a 12-month term beginning with the October 2023 ComEd meter read cycle. Ratepayers will be charged the exact same rate as ComEd and will enjoy the added benefit of over 3,000,000 kWh of Green Energy via Midwest Wind generation facilities as represented by Renewable Energy Certificates (RECs) at zero added cost to ratepayers and the Village. These RECs allow the Village to be designated an EPA Green Power Community. Residents will begin receiving notices in mid-August 2023. See ‘Next Steps’ below for information about the different types of notices residents may have received. Residents will continue to receive a single bill from ComEd each month and there will be no change in rates.
Note: No one from MC Squared, ComEd, or the Village will ever visit your home or call you to enroll. If a solicitor claims to be the Village supplier, MC Squared, or ComEd, take their information and report the incident to the ICC at www.icc.illinois.gov/complaints. Never reveal your ComEd account number or allow a solicitor to view your ComEd bill unless you are certain you wish to enroll with that supplier and have read all terms and conditions
What is Municipal Electric Aggregation?
On August 10, 2009, Governor Quinn signed into law Public Act 096-0176, which allows municipalities to arrange for the provision of electric to residential and small commercial retail customers by alternative electric suppliers (i.e. suppliers other than ComEd). Under this law, the municipality may seek bids for the provision of aggregate electric supply services to their residents and small businesses.
What is the Village of Cary's program?
Cary voters approved a referendum in 2012 for the Village to participate in electric supply aggregation. Cary homeowners and small businesses benefited from this with savings on their ComEd bills from 2012-2017.
Through a partnership with Chicago-based company MC², residences and small businesses will be charged a rate equivalent to the ComEd rate, and in turn the Village will receive REC’s.
The ComEd rate as of June 2023 is 6.8¢. For the most up to date information on the ComEd rate, please visit: plugin.illinois.gov. The aggregation program term is 12 months, from October 2023 through October 2024.
Please refer questions to the Village of Cary's aggregation program supplier, MC² at 833-206-3584. For questions specific to electric billing or service outages, please continue to contact ComEd at 800-334-7661.
- Guaranteed the same rate as ComEd.
- No hidden fees, no added costs whatsoever.
- Flexibility to join or leave the program, there will never be an enrollment or switch fee.
- The Village receives 5% of its energy usage in RECs.
- The Village becomes an EPA Green Energy Partner.
If you receive an enrollment offer from MC² and want to stay in the program:
You do not need to take additional action, MC² will automatically process your enrollment.
If you receive an enrollment offer from MC² and do not want to stay in the program:
You have until September 5, 2023 to opt out of the Village’s electric aggregation program. To opt out, call 833-206-3584, Monday through Friday 8 a.m. to 5 p.m. or return the card enclosed in your enrollment letter. Additionally, you can cancel your agreement at any time with no early termination fees.
If you do not receive an enrollment offer from MC² and want to be in the program:
You may enroll by visiting www.mc2energyservices.com/special and entering the promo code Cary or by calling 833-206-3584, Monday through Friday, 8 a.m. to 5 p.m. There are no enrollment or early termination fees.
If you do not receive an enrollment offer from MC² and do not want to be in the program:
You do not need to take additional action.
Mid-August 2023 – Residents receive MC² rate match program letters in the mail
September 5, 2023 – Initial program opt out date, although you can cancel your agreement at any time with no termination fees
October 2023 – MC² rate match program begins
Spring 2024 – the Village to consider program extension options
October 2024 – MC² rate match program ends if the Village does not renew the program
Frequently Asked Questions
MC Squared Energy Services, LLC (MC²) is a certified, retail electric-service provider headquartered in Chicago. MC Squared Energy Services, LLC is a wholly owned subsidiary of Wolverine Holdings. For more information on the company, visit their website here.
There are two main components to electricity: supply and distribution. The supply of electricity is generated at the power plant; electricity can be supplied by ComEd or other companies. Electricity is then transmitted and distributed to homes and businesses through ComEd’s infrastructure and power lines.
You will continue to receive a single bill from ComEd each month. “MC Squared Energy Services” will be designated as your supplier in the “Supply” section of your ComEd bill. ComEd will continue to bill you for distribution services and taxes. Payments should still be sent to ComEd at the address provided. There is no impact to ComEd services such as Budget Billing, Peak Time Savings and/or financial assistance. MC2’s supply rate will remain equal the ComEd rate.
You have twenty-one (21) days from the date of the mailed notice to opt out. You may opt out by calling 833-206-3584, Monday through Friday, 8 a.m. to 5 p.m. or returning the enclosed opt-out card located in your notice by September 5, 2023. In addition, you can cancel your agreement at any time with no termination fees. If you do not opt-out of the Village’s Electric Aggregation program, you will be deemed to have authorized and agreed to your enrollment in the Village’s Electric Aggregation program, and to have your electricity supply service with MC2 under the “Terms and Conditions” and “Uniform Disclosure Statement” enclosed.
If you wish to participate in the Village’s program and did not receive an automatic enrollment notice, you must take action to opt in to the program. You may enroll by visiting www.mc2energyservices.com/special and entering the promo code Cary or by calling 833-206-3584, Monday through Friday, 8 a.m. to 5 p.m.
Program participants will still receive their electricity bills from ComEd because regardless of your energy supplier, ComEd will still be delivering your electricity. To determine your electricity supplier, look for the “supply charge” section of your bill. If the item under “supply charge” reads, “Electric Supply Services – MC – Squared” you are participating in the Village’s program. If your bill does not list this item, you are likely not enrolled in the program.
What are RECs and how do they work?