Since the State of Illinois deregulated electric power providers, 75% of commercial volume has switched to buy power from suppliers other than ComEd. Conversely, few residents have moved to lower-cost energy suppliers. As a result, the State of Illinois created legislation allowing communities to leverage residential accounts by engaging in a process of “Municipal Aggregation,” thus enabling municipalities to solicit competitive bids from suppliers on behalf of the entire community. Nineteen communities in Illinois are now buying their electric power from suppliers other than ComEd—the average resident is saving $125 to $175 per year.
To engage in the Municipal Aggregation process, residents must vote YES on a referendum on the March 2012 ballot.
Questions can be directed to the public works department at 630/896-9241 or vompw@ci.montgomery.il.us.