City Selects Retail Supplier For Municipal Aggregation
August 15, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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The City of Crystal Lake, Illinois, has accepted a bid from Dynegy Energy Services to provide electricity supply for the city’s opt-out municipal electric aggregation program for a two-year term beginning in October 2018
As part of the program, the City secured a two-year agreement with Dynegy at the price of 7.098 cents per kilowatt-hour. This price will remain fixed during the two-year term.
"This compares favorably to the current annualized ComEd rate of 7.941 cents per kilowatt-hour," the City said in an announcement
The City also said in its announcement that, "ComEd can change rates throughout the year, so the fixed electrical supply rate under the City’s aggregation program will provide residents with price stability for the next two years, beginning October 2018."
The City's aggregation will also offer a 100% renewable option at a rate of 7.188¢ per kWh
Dynegy is the current supplier of the aggregation as well