You may have heard a lot of conversation and maybe even confusion about the Electricity Aggregation Referendum and the choice to vote to opt- out of electricity aggregation on November 6, 2012. There is a good chance that you received a notice from the City of Chicago as well.
We are here to provide you with the key information to help you make the right choice for you!
Five things to know about Chicago Municipal Aggregation:
- What is Municipal Aggregation? Municipal Electricity Aggregation is when a municipality or city aggregates all of their utility customers in order to get a better electricity rate for all.
- How does it impact you? It doesn’t, but it could effect your friends and family if they do not opt-out and have not switched their electricity supplier! Share this blog post to spread the word about Municipal Electricity Aggregation to help your friends and family understand the choice they have and what they are voting on.
- How does it impact Power2Switch? It doesn’t! We are always here as an informational and educational resource beyond the switch process. At Power2Switch, we strive to make energy interesting and engaging through our blog content and now through our social good initiative, Kilowatts of Kindness!
- What’s going to happen to ComEd? ComEd will still distribute your electricity, which continues to be the case when you switch your supplier through Power2Switch.
- Things to look for in the contract:
- Is there an EFT (Early Termination Fee) to leave the aggregation at any time? If so, how much is it?
- How long is the fixed price guaranteed for?
- What happens at the end of the contract period?
- Will I still be able to participate in budget billing?
Join the conversation on Twitter @Power2Switch #ChicagoMuniAgg and check out “A note to our fellow Chicagoans about Municipal Aggregation“!