Municipal Electric Aggregation
Residents were asked if the Village of Niles should have the authority to arrange for the supply of electricity for its residential and small commercial retail customers who have not opted out of such program. The purpose of this program is to combine (aggregate) electricity service for the residents and small businesses in Niles in an attempt to save money on utility bills.
On April 9, 2013, a referendum was approved by residents to allow the Village of Niles to create an opt-out municipal electric aggregation program for eligible residential and small business customers (less than 15,000 kilowatts per year).
Before entering into a contract with Eligo Energy in June of 2018, IDT Energy was the Village’s electrical aggregation supplier from 2015 to 2017. As a result of a settlement between IDT Energy and the Illinois Attorney General’s Office in 2019, Niles residents who were enrolled in the Village’s electrical aggregation program with IDT Energy have received refund checks in the mail in October of 2019. Both IDT Energy and the Attorney General’s Office have confirmed the checks mailed to residents from IDT Energy in October, 2019 are legitimate, and residents will not be switched over to IDT Energy if they cash the checks.
Please call the Illinois Attorney General’s Consumer Fraud Hotline at 800-386-5438 or 800-964-3013 with questions or concerns.
Eligo EnergyOn April 25, 2017, the Village of Niles conducted an online auction for electric suppliers and determined that Eligo Energy offered the most competitive rate, which was more favorable than the ComEd rate to compare. Most recently, the Village executed an extension with Eligo for three years, until September 2021.
Eligo Energy currently offers an electricity supply rate of $0.06725 per kilowatt hour through September 2019. After September 2019, Eligo's rate will increase to $0.073 per kilowatt hour. If at any time ComEd drops their rate below Eligo's program in Niles, Eligo will match the lower ComEd rate. A price match occurred both in October 2018 and May 2019. In October 2018, ComEd decreased their Price to Compare (PTC) from $.07939 per kilowatt hour to $.07292 per kilowatt hour though May 2019. Eligo therefore dropped their rate to $.07292 through May 2019. In May 2019, ComEd again decreased their PTC to $.06725, and Eligo then matched ComEd's rate.
If you would like additional information on this program or to enroll, please contact Eligo Energy at 312-260-0885 or 888-744-8125.
Price Match GuaranteeNiles' current contract with Eligo Energy contains a provision for a "price match guarantee" so that Niles customers enrolled in the electrical aggregation program always receive the same rate as ComEd or lower.
Eligo is usually able to keep a majority of Niles aggregation customers in the electrical aggregation program. However, there have been times when residents were returned to Comed was because Eligo could not reach the "price match guarantee" for their specific account. This was due to variety of factors mainly based on how consistently the household/customer used energy. These customers/residents who were dropped from the electrical aggregation program and returned to ComEd had poor load factors and sporadic energy use.
If in June 2020 ComEd rates go above the Eligo/Niles aggregation rate, Eligo will re-enroll previously dropped accounts to the Niles electrical aggregation program for the final 12 months of the aggregation program in order to pass on savings to all residents.
Residents who do not wish to participate in the municipal aggregation program can opt-out at any time with no penalty or fee by calling Eligo Energy at 312-260-0885 or 888-744-8125.
For more information, please contact Eligo Energy at 312-260-0885 or 888-744-8125.
For more information on how to read your ComEd Bill, please visit the ComEd website or view this video.