Following the passage of a 2012 voter referendum by majority vote, the Village of Lisle contracted to procure lower-cost electric supply for residents and small businesses.
The Village recently renewed the Electric Aggregation Program and contracted with Dynegy Energy Services at a fixed rate of 7.046¢ per kWh for a 14-month term to October 2018. Rates have declined; the new rate is 3.5% lower than the current Village rate. This rate is just under the average anticipated ComEd rate of 7.1¢, but the ComEd rate is volatile and may rise in June 2018 while the Village rate remains fixed.
Additionally, the Village chose to increase the volume of Renewable Energy Credits procured to support renewable generation, or “green” energy. 25% of energy will be sourced from renewable generation such as solar and wind that may be represented through the purchase of Renewable Energy Certificates (RECs).
There is no enrollment fee to join, and no early termination fee to leave the program. Residents are encouraged to make their own choice. The Village’s fixed rate is one option; ratepayers may otherwise choose to remain at the floating ComEd rate, or they may choose any other supplier, but are advised to read the fine print on any offers presented by solicitors.
Notices will be mailed in June with a response deadline three weeks later. Ratepayers receiving an Opt Out Notice need do nothing to be automatically enrolled. Ratepayers not currently enrolled in Lisle’s program, but who are enrolled with a supplier in their own private contract, will receive informative Opt In Notices. Those folks will not be automatically enrolled, but may take action to do so by calling Dynegy at 844-351-7691 and asking for the Lisle rate.
Again, all residents and small businesses will automatically be enrolled unless they:
• Choose to opt out as directed in the opt out notice; or
• Have previously switched to another alternative supplier; or
• Participate in an hourly-rate program
If you have further questions or any issues, call the Village’s consultant, NIMEC at (800) 727-3820, and leave your callback number. Your call will be returned very shortly.
Please note: No one will ever come to your home or call to enroll you in the Village’s program. Should you receive such a call from a person purporting to represent the Village, Dynegy, or ComEd, take the solicitor’s information and contact the Illinois Commerce Commission at their Consumer Services Division complaint line: (800) 524-0795.
Frequently Asked Questions/Answers
1. How can I enroll?
During the initial three-week opt out period, you need do nothing if you received an Opt Out Notice; you will automatically be enrolled unless you opt out. After the initial opt out period, a ratepayer may enroll at any time by calling Dynegy at 844-351-7691 and asking for the Lisle rate.
What is an eligible resident or small commercial account?
Any resident who is currently with ComEd and has not already switched to an Alternative Retail Electric Supplier (ARES) or who is not enrolled in a special Residential Real-Time Pricing (RRTP) program is eligible, and small commercial accounts are eligible. You must also have a residence or business located within the Village limits.
3. What is a “small commercial account?”
A small commercial account is a commercial account that consumes less than 15,000 kWh per year.
4. How can Lisle get lower rates than ComEd?
The State of Illinois deregulated energy markets over 15 years ago. What is commonly referred to as the “ComEd rate” is actually a default rate, which is no longer established by ComEd, but by the Illinois Power Agency, which procures energy in the open markets.
5. What is the current “ComEd default rate?”
The effective ComEd rate for June 2017 through May 2018 is 7.1853¢ per kWh and includes a variable charge or credit, the Purchase Electricity Adjustment (PEA). For more information, visit http://www.pluginillinois.org.