DeKALB – DeKalb residents might receive solicitations from energy companies, but city staff recommend only accepting rates lower than ComEd’s rate of 6.892 cents per kilowatt hour.
The City Council agreed during its April 24 meeting to discontinue the city’s electrical aggregation program with Homefield Energy, because bids from alternative suppliers were higher than the ComEd rate.
The move is in line with the city of Sycamore.
The Sycamore City Council during its June 5 meeting decided against re-entering an electrical aggregation program, because rate differences were not significant enough to guarantee savings over ComEd with potential market fluctuations.
Sycamore entered a two-year agreement with First Energy in 2012 but suspended the electrical aggregation program in 2014 in favor of ComEd rates.
The city continues to compare rates through its participation with the Northern Illinois Municipal Electric Collaborative.
DeKalb residents who participate in the city’s municipal aggregation program have begun to receive letters from ComEd informing them of the switch, and that their account will default back to ComEd, according to a city of DeKalb news release.
DeKalb city staff expect an increase in phone and door-to-door solicitors from energy companies and will continue closely monitoring the market to provide residents with updates, according to the release.
For information and current ComEd rates, visit pluginillinois.org, or contact DeKalb public works management analyst Patrick DiDiana at 815-748-8135.