Electricity aggregation referendum on November ballot
Villa Park, IL
The Villa Park Board of Trustees recently passed an ordinance to place a referendum question on the Nov. 6 election ballot about considering options to aggregate electricity.
If the referendum passes, staff from the village will be able to negotiate with electricity providers to bring power to the village at a lower rate that ComEd’s current charges.
Since the legislatures in Illinois passed a bill in 2009 allowing municipalities to aggregate, more than 250 communities have taken advantage of this opportunity. Locally, Lombard, Elmhurst and Addison have all contracted with new electricity providers.
ComEd no longer makes its own electricity; it is purchased from another company and supplied through the ComEd infrastructure.
Typically, the electricity rates for residents in communities that have aggregated the electricity are significantly lower, and savings of about $350 per year, compared to current ComEd rates, are common.
The Village of Villa Park will hold two public hearings before the November election to answer questions for residents and provide them with more information. The meetings will be held Oct. 6 at 9 a.m. and Oct. 8 at 6 p.m.; both will be held at Village Hall.