If you live in the City of Chicago and are looking to cut down on your energy bills you can join our electricity aggregation program. You will continue to receive your energy supply from ComEd however you will pay a lower cost than the default rate that appears on your utility bill. The City of Chicago will work with MC2 Energy Services to ensure that all participants save a minimum amount when compared to ComEd’s monthly “Price to Compare”.
The City of Chicago is a member of the Energy Association of Illinois (EAI). The EAI is comprised of electric retailers that offer services and products to consumers in the State of Illinois. EAI members are part of the state’s deregulated retail electricity market. The EAI includes 50 electric retailers that provide customers throughout all Illinois utility service areas that includes all communities serviced by ComEd and Nicor Gas.
com ed, owned by Exelon is the largest electric utility in the United States. ComEd serves around 3 million natural gas and electric customers across a region that extends from Iroquois County, to the Wisconsin state line on the north and the Iowa state line to the west, and Indiana to the east.
In addition to supplying electricity, ComEd offers several value-added services for their customers. These include online account management, storm-preparation tips and severe weather alerts. They also provide repairs, inspections and installations to residential and commercial customers.
One of the major issues that came up during the recent Illinois legislative session was the state’s needs for investment in the distribution grid, specifically in relation to upgrading the outdated infrastructure to support the future of clean energy. In order to accelerate the state’s transition to clean energy and keep up with the growing demand for power, utilities need a transparent process for planning and executing this crucial investment.
The new law, the Climate and Equitable Jobs Act (CEJA), requires that all major utility companies provide a comprehensive distribution grid plan every two years to ensure transparency and accountability for their investments in the electric grid. These plans will ensure that utilities use customer funds wisely, and meet their commitment to invest into the distribution grid.
ComEd customers curious to know whether they’re enrolled in the program can look up their ComEd bill. You will find an item in the section of the bill that says “Electric Supply Services MC Squared.” If you don’t see this item in the supply charge section, you’re not taking part in the City aggregate program. Call 3-1-1 with any questions, or if you’d like to speak with one of our customer service representatives. If you are a participant in the program, the supplier will inform your ComEd account that you are a participant in the City’s aggregation program and you will be charged the negotiated rate.