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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

Municipal Aggregation in Illinois

shared by kristinajohnsen on Jul 22
A project for ChooseEnergy to visualize the truth about upcoming changes in energy rates from municipal aggregation.


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