Communities across Illinois considered electricity choices on the ballot Tuesday, and many approved municipal aggregation, including Chicago, by far the largest community to do so. Whether or not your community approved aggregation, savings from hourly pricing programs are an option for everyone in the ComEd and Ameren territory right now.
Rather than being charged the standard flat rate for electricity, households enrolled in the ComEd Residential Real-Time Pricing program or Ameren’s Power Smart Pricing program can take advantage of the hourly wholesale market price for electricity that typically dips during off peak hours.
Since 2007, the ComEd and Ameren pricing programs have cut electric bills by $17 million dollars and saved participants an average of 25 percent on electricity supply. Currently there are more than 20,000 households saving energy and money with these programs.
If your community aggregated and you are currently enrolled in the ComEd Residential Real-Time Pricing program or Ameren’s Power Smart Pricing program (both administered by CNT Energy), you may remain on the hourly pricing program. You may need to notify the new electricity supplier of your decision.
More information about your electricity choices is available from the Illinois Commerce Commission at PlugInIllinois.org.
