Following a competitive bid process, the Village of La Grange Park has renewed its electrical aggregation program with MC Squared Energy Services. Residents and small business owners will continue to pay exactly the ComEd rate and will enjoy the benefit of Green Energy via Renewable Energy Certificates (RECs) at zero added cost to ratepayers and the Village of La Grange Park. The program term is for one year ending November 2022.
To learn how Renewable/Green Energy and Renewable Energy Certificates (RECs) work, view this video clip produced by the EPA.
The cost of serving each electric account varies greatly based on usage patterns. Some ratepayer accounts will move to ComEd supply service, others will be served by MC Squared. The net effect is identical for all. Just as in previous programs, ratepayers may choose to opt out.
All will pay exactly the same ComEd rate, including ComEd’s monthly variable component. MC Squared will purchase a portion of green energy offsets via RECs on behalf of all ratepayers in the La Grange Park Aggregation Community, whether moved to ComEd supply or to MC Squared.
Notices will be mailed to residents and small businesses on September 27, 2021. Ratepayers, depending on their account status, may receive one of the following notices:
- Electric Aggregation Notice: ratepayer will remain with (if currently enrolled in the program) or be moved to MC Squared Energy if they do not opt out. If new to MC Squared, a Confirmation of Switch Notice will be mailed from ComEd in October confirming the move to MC Squared.
- Informational Content Only: Account Returns to ComEd: many ratepayers currently enrolled with MC Squared will move back to ComEd but they are still considered a part of the Green Aggregation Program and pay the same rate. Why do some move back to ComEd? Due to a shift in costs for the regulated capacity charge which is unique to each account (largely a result of the Covid-19 pandemic), the best option for the Aggregation program was for some accounts to be returned to ComEd's tariff-based supply service. The same electric supply rate applies whether the account is with ComEd or MC Squared.
- Informational Content Only: No Action Required: No change. Ratepayer remains with ComEd is still considered a participant in the Aggregation Program at exactly ComEd rate with a portion of Renewable energy offsetting their power consumption.
- Electric Aggregation Opt In Notice: No change. Ratepayer is currently enrolled with another alternative supplier, but may choose to take action to contact MC Squared and enroll.
- Hourly or Net Metering: Informational Content Only: No change. Ratepayer will remain in their current hourly rate or net metered contract.
Whether remaining with ComEd or enrolling with MC Squared, residents are considered members of the La Grange Park Renewable Aggregation program and their energy usage will be offset by Renewable Energy Credits from renewable generation sources.
- Guaranteed at the ComEd rate, with no rate risk of paying more than ComEd
- No hidden fees, no additional monthly fees
- Maximum flexibility to join or leave the program, and never an enrollment or switch fee
- Residents’ power consumption is offset by Green Energy generated from renewable generation sources, for zero cost
- Village’s carbon footprint is reduced
- Achieves a strategic objective of the Metropolitan Mayors Caucus Greenest Region Compact
No one from MC Squared, ComEd, or the Village of La Grange Park will ever visit your home or call you to enroll. If a solicitor claims to be ComEd or the Village of La Grange Park’s supplier, MC Squared Energy, take their information and report the incident to the ICC at www.icc.illinois.gov/complaints. Never reveal your ComEd account number or allow a solicitor to view your ComEd bill unless you are certain you wish to enroll with that supplier and have read all terms and conditions.