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 Mount Prospect Electric Aggregation Results 
 Mount Prospect Cumulative savings:

  $ 5,330,000/yr 

 Average Single Family Household Savings

$343/yr 

 
 Mount Prospect Power Supply Rate

4.65¢ per kWh

 ComEd Power Supply Rate

8.36¢ per kWh

 Savings vs. ComEd

44%

 
 Community Participation
 
 97.9% of eligible Mount Prospect acounts enrolled in the program
 for a 2.1% opt-out rate.

Electric Aggergation Overview
A referendum was passed on March 20, 2012 authorizing the Village to negotiate for electric rates. The Village Board approved a (2) two year contract on June 5 with FirstEnergy Solutions Corp. to provide electricity at rate of 4.65 cents per kilowatt hour. This provides customers with a savings of about 44% over the ComEd electric rate. In the summer, FirstEnergy and ComEd sent letters notifying eligible residential and small commercial customers of upcoming provider change. The new rate took effect in September and savings appear on customers’ bill under the Electricity Supply Charge. The contract with FirstEnergy continues through the August 2014 billing cycle.

All bills will continue to be sent from ComEd and all outage calls should continue to be directed to ComEd at 1-800-Edison1.

FirstEnergy Solutions is required by state law to keep customers informed on their electric generation program. Customers will receive an Environmental Disclosure Statement about every 3 months.

Last updated: 10/23/2012 5:39:52 PM