ILLINOIS "OPT-OUT" ELECTRICITY COST SAVINGS OPPORTUNITIES FOR RESIDENTIAL AND SMALL COMMERCIAL RETAIL CUSTOMERS - MUNICIPAL ELECTRIC AGGREGATION

ILLINOIS RESIDENTS & SMALL COMMERCIAL RETAIL CUSTOMERS


A group consisting of 111 Municipalities and Counties successfully passed Opt-Out legislation in 2012, empowering their municipal leaders to purchase electricity on behalf of their residents and small businesses. In partnership with Good Energy, an electricity supply contract was subsequently negotiated to extend through June 2014. As a result, these communities will save as much as 32% on the supply portion of their electricity bills, literally saving millions of dollars which will, in large part, be reinvested into local economies. For more information visit the Committee for Municipal Electricity Choice website.

GoodEnergy Illinois OPT-OUT Hotlines:


        Central: 309-245-4566 or 217-422-0099     Southern: 618-465-6030     Northern: 847-245-4003


Opt-Out Legislation

Deregulation of the Illinois electricity market was enacted in 2007 in order to increase competition and lower costs for consumers. Finally, Illinois residential and small commercial retail customers can realize the financial rewards of this legislation and receive electricity pricing similar to that enjoyed by the largest industrial users.

Illinois Legislation permits municipalities to propose a referendum which, if approved by voters, empowers municipal authorities to put their residential and small business electricity usage (load) out to bid to alternative retail energy suppliers in order to save money. Municipal aggregation law falls under the Illinois Power Agency Act and may be found at "20 ILCS 3855/1-92".

Opt-Out legislation is an extremely effective tool for quickly and efficiently spreading the benefits of electricity competition to residential and small commercial retail customers with the due diligence of a municipally-organized process.

Saving Money on Electricity

Because Ameren and ComEd rates are significantly higher than whole sale electricity market costs, a unique market opportunity now exists. Savings in Ameren with an Opt-Out program are currently as high as 28% on the electricity supply portion, while ComEd savings reach even higher at 32% (savings based on current market conditions). Municipalities can recover costs associated with the program.

This legislation is referred to as "Opt-Out", meaning thatthe account holder may choose to Opt-Out of the program without penalty prior to electricity flow. Two notifications will be made informing residents and small business owners of the program details, one from the winning supplier and one from the Utility (Electric Supplier Choice Confirmation letter). The group buying power and savings generated by an Opt-Out program can exceed standard individual offers currently hitting mailboxes by as much as 20%.

The Good Energy OPT-OUT Buying Group currently includes 111 communities and more than 450,000 households. (See municipalities)

Good Energy currently works with 111 municipalities with a population totaling over 1.1 million people in Illinois, generating unmatched buying power and leveraging extremely favorable contract terms for participants.

Good Energy is an energy consulting and management firm. Good Energy does not send offers directly to account holders, but will mail letters and hold public meetings as part of an awareness campaign explaining the municipal aggregation process.

Given current market conditions, electricity supply cost savings are forecasted to be approximately $111 - $330 per household per year depending on utility and rate class.

UNDER A MUNCIPAL ELECTRICITY AGGREGATION PROGRAM, ALL PARTICIPATING RESIDENTS AND SMALL COMMERCIAL RETAIL ACCOUNTS WILL CONTINUE TO:

RECEIVE ONE BILL FROM THEIR UTILITY;
HAVE THEIR ELECTRICITY DELIVERED BY THEIR UTILITY;
RECEIVE EXACTLY THE SAME QUALITY SERVICE FROM THEIR UTILITY.


For the Municipal Electric Opt-Out Aggregation Timeline click here

Getting Started

We invite municipal leaders to contact us in order to discuss the benefits of launching a municipal aggregation program in your community. To find out more, please contact:

Tom Leigh
Director, Midwest Energy Sales
D: 618-381-9003
C: 314-550-7624
F: 212-792-0223
E: tom@goodenergy.com