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Electric Rates

Friday, February 8, 2013

Glen Ellyn Electric Users: Look for Smaller Bills in March

The Village of Glen Ellyn's electric aggregation program is underway and bills should be less in coming months.

Starting next month, Glen Ellyn residents will have at least one bill that should be a little less. The Village of Glen Ellyn’s electric aggregation program is underway. As a result, in March, electric customers should begin to see savings. Customers should notice no difference between the previous program and aggregation, and the village said the transition should be seamless. Residents do not need to take any action. More than 250 local governments around Illinois have proposed bringing aggregation to their communities. Aggregation allows communities to use the collective bargaining power of residents to negotiate for lower power prices from suppliers, according to the Citizens Utility Board.  Illinois law allows municipalities and …

Jim Burket

9:18 am on Friday, February 8, 2013

They must be switching to a Number 6 envelope.   more ›

Tuesday, December 4, 2012

Village's Aggregation Program Expected to Save Residents, Small Businesses 40 Percent

The Village of Glen Ellyn's aggregation program is expected to take effect in February 2013.

Residents should be receiving a notice this week detailing the Village of Glen Ellyn’s plans to provide energy through supplier Verde Energy USA. After residents voted to allow the village to pursue electric aggregation, the village put out a request for bids from energy suppliers, awarding a contract to Verde Energy. Through its agreement with Verde, the village secured a rate of 4.981 cents per kilowatt hour, compared with the ComEd residential rate of 8.319 cents, providing residents and small businesses with about 40 percent savings, according to the village. The rate is expected to go into effect in February 2013, the village said. The rate will be guaranteed for 18 months. Residents do not need to do anything to receive the new rate…

Dan Smith, Jr.

12:29 pm on Wednesday, December 5, 2012

Glad for the reduction, which would be expected no matter who they chose. Disappointed the Village moved up their bid/selection time table from what was communicated prior to the election. It looks like NIMEC, the energy consultant recommended moving much more quickly after the referendum passed. This doesn't surprise me since they receive a cut of the energy used by residents and it is in their …   more ›

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