Want to see just how drastically Illinois’ electric market has changed? Take a look at what’s happening to “municipal aggregation.” Aggregation is where local leaders negotiate power prices with alternative suppliers on behalf of their residents. A few years ago, it was an almost-universally great idea for communities. In fact, in…...
5 surprising things you should know about the June rate hike
As of June 1, ComEd’s electricity rate shot up 38 percent, to about 7.596 cents per kilowatt-hour (kWh). And the prices offered by unregulated power suppliers competing against ComEd are going up too. To paraphrase Dorothy: “Toto, I don’t think we’re in the same electricity market anymore.” Whether you’re with…...
