Electric Aggregation is a program that allows local governments to bundle - or aggregate - residential and small commercial retail electric accounts and seek bids for a cheaper supply of power. Currently, ComEd customers receive electricity at a price set each year by the Illinois Power Agency, a governmental body that secures electricity on the wholesale market on behalf of ComEd. By bundling residential and small commercial accounts, municipalities can go out into the open market to seek a lower rate for electrical supply.
Residential and small commercial retail customers will have an opportunity to opt-out of any program before their supplier changes, any resident who does not opt-out will be included without requiring any action on their part.
