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The original item was published from 8/16/2018 2:00:22 PM to 9/14/2018 9:52:37 AM.

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Administration

Posted on: August 16, 2018

[ARCHIVED] Electric Aggregation

Windmil

In June of 2018, the Village again held a competitive bid for the Program.  This year, bidders offered rates very similar to ComEd’s rate.  It was estimated the lowest competitive bidder would save Program participants around $10.00 over the course of the 12-month contract.  Due to the eclipsing of alternate suppliers and ComEd’s rates, the Village Board authorized a new program with MC Squared (MC2).  The new Program will charge participants the same rate as ComEd but all energy consumption will be offset by the purchasing Renewable Energy Credits (RECs). By purchasing the RECs to offset consumption, the Village’s new program is 100% green energy. The Village also becomes an EPA Green Power Partner Community at no increased cost to residents and businesses.  

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