May 12, 2015
Dear Palos Township Resident,
On March 18, 2014, voters in Palos Township approved a referendum (Resolution No.2013-12) allowing the community to enter into an electricity purchasing agreement to maximize the electricity supply savings for its residential and small business customers. After an extensive bidding process, the Township selected Eligo Energy IL, LLC, a leading retail electricity supplier based in Chicago, to provide eligible residents and small business customers with electricity supply savings.
While electricity prices have risen over the past few years, the Township was able to lock in a fixed rate of $0.071/kWh through June 2017 for residents and small business consumers. This rate is lower than ComEd’s present effective rate of $0.08072/kWh and ComEd’s expected weighted average price to compare for the next year. Although Palos Township Electric Aggregation Program has been active since the Summer of 2014, eligible customers may still participate in the Program through the Summer of 2017.
There is no fee from ComEd or from Eligo to join this program. Payments and service questions will continue to be made directly to ComEd, and your distribution charges from the utility will not change as a result of your participation in this program. You will continue to be eligible for all ComEd payment options, including budget billing. In addition, if you are currently enrolled in the state's Percentage of Income Payment Plan (PIPP) program, you will continue to receive the program's full benefits. ComEd continues to be responsible for the wires, poles, and all emergencies, including outage restoration.
If you would like to sign up for the program or have any questions, please visit your municipal aggregation program website at www.eligoenergy.com/cities/il/palostownship or call Eligo Energy at 312-260-0885. You may also contact the Township Government Aggregator Jim Seay with any questions at (708) 352-7010.