Electricity Aggregation Approved in Chicago

Posted on November 19, 2012 in Business, Community, Legislative

The Chicago City Council has voted to place a question on the November 6, 2012 ballot that, if approved, would give the City the authority to negotiate lower electricity prices on behalf of eligible residential and small commercial consumers located within the City. On Election Day 2012, this effort was approved by Chicago voters.

Electricity Aggregation is:

  • Allowed in other states including Ohio, RhodeIsland, California, New Jersey and Massachusetts.
  • An option in Illinois as a result of Illinois Public Act 096-0176
  • A tool used by over 200 Illinois municipalities to reduce electricity costs for residents and small buisnesses
  • An opportunity for the City of Chicago to negotiate lower electricity prices for consumers and keep all existing ComEd services.
  • 31,000 small businesses that consume less than 15,000 kwh’s per year will be automatically enrolled.

For more information on Electricity Aggregation and the City of Chicago go to: www.cityofchicago.org/ElectricityAggregation