First, there is no difference to you: the price is exactly the same for all. Suppliers analyze every meter: depending on complex usage patterns, certain accounts are selected to remain at ComEd and others switch to MC Squared. All pay the exact same rate; the Village will receive a reserve fund at zero cost to residents.
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No, but you will never pay more than the ComEd rate. The Village received competitive bids for a standard program, but all pricing was higher than ComEd. This program supports infrastructure projects identified in our 20-Year Community Investment Plan, such as stormwater management improvements and replacing underground sanitary and water mains that are 50-60 years old. At zero cost to residents and the Village.
ComEd rate changes slightly every month, therefore the Village program rate with MC Squared will, in lockstep, vary monthly. The cost to generate power is variable.
Beware! No one from ComEd, MC Squared, or the Village will ever call or visit you at home to sign you up. Never reveal your ComEd account information to solicitors who say they represent the Village or ComEd.
Residents moving into the community may participate by calling 833-740-0476.
visit www.mc2energyservices.com/special and enter promo code Lake Zurich. Effective Jan 1, 2020, no supplier may charge a termination fee to switch.