Municipal Aggregation in Illinois

MUNICIPAL AGGREGATION IN ILLINOIS • Are you ready for a 27% increase in rates? WHAT IS MUNICIPAL AGGREGATION? • In 2012, Chicago passed a referendum that allowed municipalities to purchase electricity on behalf of their residents. • This gave municipalities a great deal of collective bargaining power, which resulted in suppliers offering lower rates to municipalities than they would to individuals. WHAT'S CHANGING? At the end of May 2014: CONTRACT NEW • Energy prices will be changing as the original Municipal Aggregation contracts end • The new effective cost per kilowatt hour will be higher under the rollover contracts BY THE NUMBERS: • Customers Affected: 2,500,000+ 2.5M+ • Current Rate: 5.6 cents • New Rate: 5.3 cents PLUS a base charge $22 for a house and $9 for an apartment Although the new rate appears to be LOWER than the original Muni Agg rate, DON'T BE FOOLED: • Taking into account the base charges, the effective rates for consumers are actually 7.3 cents on average 27% • Taken as an average, this is a 27% rate rate increase increase over the previous contract On average, Chicago residents will be paying $150 MORE A YEAR under the MORE new contract HERE ARE SOME THINGS YOU COULD BE SPENDING THAT MONEY ON INSTEAD: 19 Beers at a Cubs Game ($7.75/Beer at Wrigley Stadium) 2 TIckets to a BlackHawks Game ($65/300 Level Ticket) 3 Balcony Tlckets ADMIT ONE to a concert at the Chicago Theater ($50/Ticket for Neko Case) 46 Medlum Lattes at Intelligentsia Coffee ($3.20/Latte) 6 Large Cheese Giordano's Pizzas ($23.75/Pizza) WHAT CAN YOU DO TO SAVE MONEY ON YOUR BILL? Visit CHOOSEENERGY.COM and compare rates for other suppliers in your area! CHOOSE ENERGY EMPOWERING CHOICE