The State of Illinois leads the nation in municipal aggregation, a program that has been available since 2007 as a result of state legislation, designed to save residents and small businesses money on their electricity bills. Currently, there are 601 municipalities with active programs in Illinois, by far, more than any other state in the US, saving residents literally hundreds of millions of dollars.
Program Goals The Illinois Electricity Aggregation
The Illinois Electricity Aggregation procures electricity supply contracts when the market is favorable. Combined with the bulk buying power of thousands of households and businesses the program aims to produce savings for customers compared to Eversource’s Basic Service rates, however, savings cannot be guaranteed.1
Illinois Electricity Aggregation secures multi-year, fixed price contracts. In contrast, Eversource Basic Service rates change every six months for Residential and Small Commercial customers, and every three months for Large Business customers.2
Participants in Illinois Electricity Aggregation program may leave at any time without penalty.
A Record for Success!
The State of Illinois has seen a consistent record of success with the Municipal Aggregation program.