The Village is pleased to announce that we have selected Homefield Energy as the electricity supplier of choice for the municipal electric aggregation program, starting in July 2014 and continuing for three years until June 2017.
The competitive rate that Homefield Energy is able to provide to our residents and small businesses in the Village is locked-in at 7.199 cents per kWh for the first two years (July 2014 - June 2016) and 6.350 cents per kWh for the third year (July 2016 - June 2017).
This two-tiered rate comes out to an average of 6.916 cents per kWh over the life of the new three year program.
This rate impacts only the "supply" portion of your ComEd bill, not the total bill. The "delivery" and "taxes / fees" portion of your ComEd bill do not change by switching electricity suppliers or participating in aggregation programs.
Homefield Energy offers an optional 100% renewable energy opt-in program, which is available for individuals or families who choose to pay slightly higher rates to support green energy (7.341 cents per kWh for the first two years and 6.593 cents per kWh for the third year). Call Homefield Energy at 1-866-694-1262 if you wish to support green energy at this higher rate.
Under municipal aggregation, local officials bring citizens together to gain group buying power for the purchase of competitively priced electricity from an alternative electric supplier. You do not need to do anything to receive the discounted prices under this program.
If you decide not to participate in the aggregation program, you must actively opt-out by calling Homefield Energy at 1-866-694-1262.
Residents may leave and rejoin the Village aggregation program with Homefield Energy for free at any time. If you are leaving an alternative retail electricity supplier whom you may already have a contract with, be cautious of any early termination penalty that may apply if you leave them. There is no early termination penalty associated for leaving the Village aggregation program