Aug. 15, 2018 – The Village of Oak Park has begun the enrollment process for a new electricity aggregation contract that will ensure participants never pay more than the ComEd energy rate during the 12-month term of the agreement.
In addition, the new rate includes the existing three-tenths of one cent fee per kilowatt hour to fund local renewable energy projects and expands the fee’s original intent to include purchasing electricity from Illinois-based regional renewable energy facilities as their systems come on line.
Electricity customers who receive a letter from the Village of Oak Park and its vendor MC Squared Energy Services, LLC (mc2), but already participate in the Village’s Community Choice Electricity Aggregation Program, will be enrolled automatically unless they choose to opt-out by following the instructions in the letter.
Oak Parkers enrolled in the Village program who now want to choose their own energy supplier, and electricity customers who use another electricity supplier but now want to join the Village program, can contact mc2 by calling 1.855.259.1179 or emailing email@example.com. No enrollment or switching fee will be assessed.
Aggregation does not alter the actual delivery of electricity, which is provided by ComEd. In fact, consumers have the option of choosing from retail electric suppliers approved by the Illinois Commerce Commission. More information on electricity aggregation, ComEd basic service rates and approved alternative suppliers are posted online at www.pluginillinois.org.
The contract with mc2 is for 12 months, beginning with electricity bills in November. The new contract ties the Village aggregation rate to the ComEd basic service rate, which typically changes in May and October, but can vary by season. This mc2 contract provision ensures aggregation participants will never pay more than those customers whose electricity is supplied by ComEd.
In addition, the electricity supply rate includes the three-tenths of one cent fee that goes into a Village fund created in 2015 to help support local renewable energy projects. The Village Board also approved using a portion of the fee to purchase electricity from new regional renewable energy generating facilities that are expected to come on line in 2019.
Electricity aggregation, which was authorized by Illinois statute, allows municipalities to bundle residential and smaller business accounts, then use competitive bidding to seek lower rates from alternate suppliers. Voters gave the Village the authority to create a local aggregation program via referendum in 2011 and the first contract began Jan. 1, 2012.
Electricity customers who choose to opt out of the Village aggregation program are enrolled automatically in an electricity generation program provided by ComEd unless they select a provider on the open market.
Officials urge those who elect to choose an electricity provider from the state's list to read the fine print carefully. Contracts may contain unexpected fees and penalties to cancel.
The deadline to opt out or in to the Village aggregation program is Sept. 4.
More information on opting out or in is available by calling mc2 1.855.259.1179 or email to firstname.lastname@example.org.
For answers to general questions about Oak Park’s Community Choice Electricity Aggregation Program, email email@example.com or call 708.358.5778.
Answers to the most frequently asked questions are posted at www.oak-park.us/aggregationfaqs.