In 2012, voters passed a referendum authorizing the village to establish an electrical aggregation program to provide residents with a viable energy supply alternative to ComEd. In 2017, the village contracted with Dynegy Inc., to serve as the village’s supplier and, last year, extended this agreement through December 2021 at a rate of 7.487 ¢/kWh.
Given recent changes in the energy market, ComEd’s rate has been lower than anticipated in recent months. Dynegy will be reducing its rate to 7.34 ¢/kWh through October 2020, however, this rate is still not as low as ComEd’s price to compare which is projected to be 7.26 ¢/kWh in October 2019. ComEd’s variable price to compare changes frequently and fluctuates by as much as +/- 0.5 cents/kWh each month due to their Purchased Electricity Adjustment. The village has put together a Fact Sheet which answers additional questions residents may have about the program.
Residents are under no obligation to participate and are free to opt out and opt back into the program at no cost. Switching suppliers will take one full billing cycle. If you wish to opt out, call Dynegy at 844-351-7691 or email them at DESCustCare@Dynegy.com.
Things to Remember: