Electric Aggregation Update – Electricity Rate Savings!

Great News! Thousands of Homer Glen households and small businesses, those who are eligible to participate in the Village’s Electric Aggregation Savings Program, are now customers of FirstEnergy Solutions Corporation. All but 5% of eligible Homer Glen accounts are participating in this ground breaking electricity savings program. There was no enrollment fee or switching fee and the new electricity rate, as charged by FirstEnergy Solutions, is 42% lower than the ComEd non-summer time rate. The FirstEnergy electricity source, as provided to Homer Glen customers, is also 100% green!

If you have any questions about the electric aggregation program or would like to sign up to receive the outstanding savings, please call FirstEnergy Solutions toll free at 1-866-636-3749, Monday through Friday 8 a.m. to 5 p.m.

 

Dear Homer Glen Residents:

I am happy to announce that the Village’s efforts to save you money, on your electric service, has paid off! Your support of our electric aggregation efforts has resulted in the negotiation of a 24 month contract with FirstEnergy Solutions. This new contract, starting in September, will save participating residents 42% on the electric supply portion of your electricity bill.

This important electric aggregation effort has the potential of saving Homer Glen residents in excess of a combined $2.5 million dollars. We appreciate the support that you have given our electric aggregation effort. Please read more information below about the exciting results of our electric aggregation work.

Respectfully,
James P. Daley, Jr.
Mayor

 

Print information about electric aggregation.

Print Ordinance Number 12-023 dated 5/8/12 - An Ordinance Authorizing Aggregation of Electrical Load

Print Intergovernmental Agreement, Will Electric Aggregation Group

Dollar Sign

FirstEnergy Solutions Selected As New Electric Supply Provider

The Village of Homer Glen has worked, along with other municipalities in Will County, to form the intergovernmental Will Electric Aggregation Group. The sole purpose of establishing this group was to work to save you money on your electric bill!

The Will Electric Aggregation Group has approved a 24 month contract term with FirstEnergy Solutions, running from September 2012 to September 2014, at a rate of 4.83 cents/kWh. This is a huge 42% savings over ComEd’s “Price to Compare” rate.

Great news…The new electricity supply from FirstEnergy will be 100% Green! This means that the sources of energy supplied to Homer Glen, as a part of this program, will come from renewable resources like wind, nuclear, solar, etc.

FirstEnergy Solutions Corp. currently provides competitive electric generation supply, and other energy-related products and services, to over 1.5 million customers. First Energy Solutions is a licensed supplier in Illinois, Ohio Pennsylvania, New Jersey, Maryland and Michigan. Anyone with questions about the company can contact FirstEnergy Solutions online, by phone or mail.

FirstEnergy Solutions
341 White Pond Dr.
Bldg. B-3
Akron, Ohio 44320
FirstEnergy Solutions Website (Click “Contact Us”)
1-866-636-3749

 

Big, Big Savings . . . 42%

Com Ed FirstEnergy Solutions Savings
8.23 ¢/kWh (1) 4.83 ¢/kWh (2) 42%

(1) ComEd’s “Price To Compare” at www.pluginillinois.org

(2) Savings calculated using only electric supply portion of bill. The Delivery portion of the ComEd bill will not change.

 

Key Terms of the FirstEnergy Agreement!

The Following summary will provide you with the highlights of some of the “key terms” of the agreement.

Price Match - Should the ComEd tariff service rate, for the enrolled participants, be set below the new
4.83 ¢/kWh (FirstEnergy) price, FirstEnergy Solutions reserves the right to terminate the service and return the participants to the Electric Utility or continue to serve them at a price equal to the ComEd rate. In other words, at no time during the two year term will FirstEnergy’s electric supply charges be higher than the ComEd tariff approved charges.

Early Termination Fee - Residents are free to leave the program at any time and there will not be a fee assessed for terminating FirstEnergy service.

Move Ins/Joining the Program - FirstEnergy Solutions is committed to providing price protection by accepting and enrolling eligible residents in the program at any time, for the remainder of the term, at the same applicable discount/price. Residents’ who are currently with another electric supply provider can leave that provider and join FirstEnergy at any time they wish to do so.

Price – The ComEd “Price to Compare” (www.pluginillinois.com) is 8.32 cents/kWh. FirstEnergy Solutions price will be 4.83 cents/kWh. Savings are calculated using only the electric supply portion of bill. The Delivery portion of ComEd bill will not change.

 

Frequently Asked Questions

  1. What is electric aggregation?

    Under municipal aggregation, local officials bring citizens together to gain group buying power for the purchase of competitively priced electricity from an alternative retail electric supplier certified by the Illinois Commerce Commission.
  2. How is the Village of Homer Glen able to choose a certified electric generation supplier on my behalf?

    In March 2012, the Village of Homer Glen Village Board placed a referendum question on the ballot. Village of Homer Glen residents voted to allow the Village of Homer Glen to contract for an electric generation supplier on their behalf.
  3. How will I know if I can save money under the Village of Homer Glen’s electric municipal aggregation program?

    Under this program, you will receive a fixed price of 4.83 cents per kilowatt-hour (kWh) for electricity. As long as your ComEd “Price to Compare” rate is higher than this fixed price…then you are saving money.
  4. What do I need to do if I want to be Included in this municipal aggregation?

    You do not need to do anything to receive the discounted generation pricing under this program.
  5. What does “opt out” mean?

    “Opt out” means that you can decide not to participate in this electric municipal aggregation program. By returning the opt-out form that will be mailed to your residence, by the due date, you will not be enrolled in this savings program.
  6. What happens if I do not send in the opt-out form?

    If you do not return the opt-out form by the due date, you will be included in the Village of Homer Glen’s municipal aggregation program and will begin receiving competitively priced electricity from FirstEnergy Solutions.
  7. Can I opt out over the phone?

    Yes, Residents can opt-out by calling First Energy if you have not received a letter and form.
  8. If I join the Village of Homer Glen’s electric aggregation program, who will deliver my power, read my meter and respond to emergencies, such as power outages?

    ComEd will still be responsible for the delivery of power to your home or business. Since ComEd still owns the wires and poles that deliver power to you, it will continue to read your meter and restore power after an outage.
  9. Is your price fixed or does it vary?

    In this program, the discount you will receive is fixed, so your price will not change throughout the two year term of the agreement.
  10. Can I leave the program at a later date?

    Yes, you may leave the program at any time.
  11. What are my energy supply choices if I decide to opt out?

    You can stay with ComEd, which will continue to manage the electricity infrastructure, as it always has, or you can shop for an alternative generation supplier.
  12. If I join the aggregation, can I stay on budget billing?

    Yes and No. Budget billing is provided by ComEd for the distribution portion of the bill but not provided by First Energy for the supply portion.
  13. Can I still have my payment automatically deducted from my checking account as I do now?

    Yes. How you pay your electric bill will not change.
  14. Who is FirstEnergy Solutions?

    FirstEnergy Solutions Corp., provides competitive electric generation supply and other energy-related products and services to over 1.5 million customers, and is licensed supplier in Illinois, Ohio, Pennsylvania, New Jersey, Maryland and Michigan.
  15. What is the toll-free number for questions?

    For answers to your questions, please call 1-866-636-3749, Monday through Friday, 8 a.m. to 5 p.m.
 

Resources

Public Act 096-0176 – Amendment to Illinois Power Agency Act (PDF )

Village Ordinance for Referendum (PDF )