BROOKFIELD –áThe village of Brookfield has announced that following three rounds of bidding for a new contract for its electrical aggregation program, the village will return to ComEd for its electric supply in July.
In 2012, the village entered a two-year agreement with First Energy. The village's current contact is up in July and the change will occur July 15.
Village officials called the previous two-year program a success: The average household in Brookfield saved about $300 off their bill during the two-year period. The cumulative village-wide saving was about $1.8 million, according to village officials.
The village went through three separate bidding rounds to find a new contact for residents this year, but ultimately declined all offers. The village of Riverside reported seeing similarly high bids in their latest round of bidding.
Brookfield officials said they may test the market again next spring to see if there are any favorable changes.
Village officials said that even though ComEd's rates increased over the last two years, residents will still see a savings over other contracts that were offered to the village during bidding this spring. The village expects ComEd's rate to be in a range of about 7.930 center per kilowatt hour for the summer, but the rate can vary month to month.
Residents can expect a letter from the village in June informing them of the change back to ComEd. No action is required by residents to make the switch. However, residents will have 60 days if they wish to switch to a different supplier.
Residents are warned to beware of door-to-door solicitors, direct calls and direct mail regarding their electrical supply. Numerous cases were reported of fraud relating to electrical rates in 2012 when many area villages were considering making an electric supplier switch. Residents should not give out their account information when solicited.
Residents with questions can contact the village's consultant at the Northern Illinois Municipal Electric Collaborative at 800-727-3820 and leave a message for a return call within 24 hours.