Electricity savings extended in Plainfield
Madhu Mayer – firstname.lastname@example.org | 7/18/2018, 6 a.m.
Residents in the Village of Plainfield who take advantage of getting the best electrical rates for their dollar can continue to see savings per the action of its governmental body.
The Plainfield Village Board approved the extension of its intergovernmental agreement with Will County Electric Aggregation Group.
Besides Plainfield, other communities like Bolingbrook, Shorewood, Joliet, Lockport,
Crest Hill, Oswego, Naperville, Homer Glen and Lemont also have agreements with the Will County organization. Though it may not be purchased directly from ComEd, the company buys at a lower cost and delivers electricity to homes.
Traci Pleckham, director of management services for the Village of Plainfield, said the 16 municipal member group, which represents more than 300,000 residents and small business customers, was formed in 2012 to gain group-buying power for the purchase of competitively priced electricity. In 2012, Plainfield entered into a two-year agreement with the Will County Electric Aggregation Group, which, Pleckham said, acted successfully in buy electricity from First Energy at a cost below offered by ComEd. Two years later, the village extended the agreement and entered into a three-year agreement with Homefield Energy.
Last year, the village extended the intergovernmental agreement with the aggregation group, and entered into a one-year agreement with Dynergy. This 12-month contract will expire in October of this year. "Being a part of the aggregation group offers residents and small businesses another competitive choice for electric supply," said Pleckham. "Once the new provider and rates are known, there will be a concerted effort to communicate and ensure residents understand their options. "As before, Pleckham said, residents will have the option to research and select any electric provider on their own.
The move the board made has no direct financial impact to the village. As in
past programs, Pleckham said residential and small business customers have the
option to opt out of the aggregation program.