Kane County announced yesterday that it has entered into an agreement with Eligo Energy for electricity supply for residents and small commercial businesses in unincorporated portions of the county beginning at meter read dates in August 2021. Chicago-based Eligo Energy offered the most favorable terms in a competitive bid process.
Eligo Energy will provide rural Kane County residents and small business owners with electric supply at exactly the ComEd rate, including the monthly variable portion.
On its Kane County Connects public relations website, the county indicated that, additionally, the county will earn designation as an EPA Green Power Partner at zero added cost to residents and the county, according to Ivy Klee, resource management coordinator Kane County Department of Environment & Water Resources.
“We are pleased to provide our residents with renewable energy, at no added cost, in partnership with Eligo Energy LLC,” Klee said. “This EPA Green Power Partner designation is a big step in pushing our green energy goals forward and keeping up with the 2040 Kane County Energy Plan.”
A portion of power consumption will be offset by Renewable Energy Certificates, which are the sole currency of the renewable energy market.
The current annualized ComEd rate is 7.127¢ per kWh.
The county received bids for a fixed-rate program, but no pricing offered guaranteed savings versus the ComEd rate, which continues to remain relatively low. This renewal ensures no participant will ever pay more than the ComEd rate, and offers new benefits including Green Energy and a Civic Contribution.
The cost of serving each electric account varies greatly, based on usage patterns.
Some ratepayer accounts will remain with ComEd supply service because the cost of generation for their account exceeds the ComEd rate. Others will be switched to Eligo, but to be clear, all residents have choice over their electric supplier. They may choose to opt out of the program.
Notices were mailed to residents and small businesses on June 11, 2021. Please review your notice carefully as some accounts are enrolled with Eligo, some will be served by ComEd, but the net effect is identical for all.
Eligible ratepayers include all residents and small businesses located in Kane County’s unincorporated portions with the exceptions of Aurora Township and Dundee Township, where township officials manage separate aggregation programs. There is no fee to join or to leave the county’s program.
Ratepayers enrolled in a private contract with another alternate supplier may join the county’s program by calling Eligo Customer Care at 630-912-8170 from 8 a.m. to 6 p.m. Monday through Friday. As of Jan. 1, 2020, no supplier may charge a termination fee when a ratepayer vacates a contract to join the county’s program.
Participating residents and small businesses will continue to receive one monthly bill generated by ComEd and continue to receive delivery services from ComEd.
How you pay your bill will not change, and if you are eligible for LIHEAP or PIPP assistance, that does not change. The new rate will be reflected on ComEd bills dispersed in September.