Electrical Aggregation
In December 2023, the Village received blind competitive bids from qualified suppliers for its electric aggregation program for the next term starting March 2024. The Village has established a program wherein ratepayers will be charged exactly the ComEd rate (including the monthly variable portion), at zero rate risk. The program benefits residents in that the Village will be provided with Renewable Energy Certificates (RECs) for a portion of their power consumption at no increased cost to residents or the Village.
Buffalo Grove is an EPA Green Power Partner Community.
- Ratepayers receiving an opt out “GREEN ELECTRIC AGGREGATION NOTICE” will automatically be enrolled with MC Squared in March and will pay exactly the ComEd rate, including the monthly variable PEA, unless they choose to opt out. If they do nothing, they will receive a Confirmation of Switch notice from ComEd in February confirming their move to MC Squared.
- Ratepayers receiving an “Informational Notice Only: No Action Required” are currently receiving service from MC2 and this is simply confirmation they will continue to do so.
- Some ratepayers enrolled with ComEd (or alternative suppliers) will receive no notice and their account will remain as-is, However, those receiving ComEd supply service are considered a part of the program, pay exactly the ComEd rate, and a portion of their consumption is offset by Renewable Energy.
Frequently Asked Questions
No, the Village is continuing our Green Electric Aggregation program. You never pay more than the ComEd rate, and a portion of your power consumption is offset by Renewable “Green” Energy. You pay exactly the ComEd rate.
- Opt Out Notice states you will automatically be enrolled with MC Squared at your March meter read date, no other changes.
- Informative Notice states you will continue to be served by MC Squared Energy Services; it is simply informative; nothing will change.
Whether at MC Squared or ComEd, you pay exactly the ComEd rate and continue to receive your same ComEd bill. A portion of your power consumption is offset by Renewable Energy sources.
First, there is no difference to you: the price is exactly the same for all. Depending on complex usage patterns, certain metered accounts will switch to MC Squared and others remain at ComEd. All pay the same rate and all are participants with a portion of Renewable Energy offsetting their consumption, even those at ComEd.
You may either: 1) email BuffaloGrove@mc2energyservices.com; 2) call 855-575-9232 (Mon-Fri, 8a-5p); or 3) return the postage-paid card you received. (If you received notice you will remain with ComEd, there is no need to opt out. But you will still be considered a part of the program.)
No. The Village received competitive bids but all pricing was above the ComEd rate. You will pay exactly the ComEd rate, but will receive Green Energy—at zero added cost to you or the Village.
The annualized ComEd base rate is 6.87¢ per kWh to May 2024 plus an additional monthly variable portion (can be a credit or a debit) called the PEA. For more information about the current months’ ComEd rate, visit ilagg.com/comedrate.
Visit www.ilagg.com/sustainability for a short video clip by the EPA and more information about how RECs are generated, tracked, measured, and attributed.