Hello Maple Park,
if you see this in your mailbox it is legitimate…
The Village has participated in electrical aggregation for several years; the most recent contract changed the Village’s aggregate energy provider to Eligo Energy in October 2021. On Friday, December 9, 2021, the Village received information from its electrical aggregate consultant and confirmation from Eligo Energy, that based on changes that ComEd[1] made on how the costs for electric have been recalculated, the changes constitute a “regulatory change” and as a result they will be terminating our agreement. Unfortunately, the Village and the 10 other aggregate municipalities have no recourse.
When we switched over to Eligo in October 2021, the Village had a total of 576 customers of which 185 accounts stayed with ComEd due to their solar energy generation or picked their own supplier and 391 residential accounts switched to Eligo. As of the December 2021 electric meter reads, the 391 customer accounts that switch to Eligo will again be ComEd customers.
What this means for residents? It means that you’ll still continue to receive your bill from ComEd and that the power will now be provided by ComEd and not Eligo. It also means, unfortunately, that you’ll see, on average, an increase of $6.65 per month on your electrical account.
The Village will continue to monitor the electric supplier situation as it evolves. Please contact the Village office if you have any questions. If we cannot answer your question, we’ll contact our electric aggregate consultant.
[1] Why ComEd did what it did was because businesses are now having people work from home and the businesses are no longer needing as much energy and now that people are working from home and require more energy at home ComEd has redistributed the cost to produce electricity amongst all accounts and not just businesses. Residential users will feel the cost of that redistribution. This also means that Eligo could no longer generate an aggregate savings which is the second “regulatory change” reason for terminating our agreement.
