Village Suspends Electrical Aggregation Program
In November 2014, the Village authorized a three-year contract with Constellation Energy to provide electrical supply services to eligible residential and small commercial customers in the Village. The agreement with Constellation Energy which expired in November 2017 set a rate $0.0740 (kWh) for the supply of electricity. After consultation with the Village’s electrical aggregation advisor, Northern Illinois Municipal Electric Collaborative (NIMEC), the Village determined it could not obtain rates guaranteed to be lower than the ComEd rate.
The current ComEd rate, which is through May 2019, will fluctuate between $0.06792 (kWh) and $0.07792 (kWh). The Village will monitor the market and may re-establish the program, should rates turn more favorable in the future.
It is anticipated that with the suspension of the Village’s program residents will receive solicitations from electric companies. If residents receive a solicitation, residents are advised not to provide any of your account numbers to a solicitor. Providing these account numbers to a solicitor may result in an unwanted change in your service provider. Only provide this type of information to a solicitor if you are interested in changing your current service.
Please contact Village Hall at 847-639-0003 with questions regarding this information.