Overcast
64°FOvercastFull Forecast

Opt out letters sent to Riverside residents if they choose to not participate in electrical aggregation program

Published: Monday, June 23, 2014 10:03 a.m. CDT

RIVERSIDE – Riverside Village Manager Peter Scalera hoped to clear up any confusion at the board's Thursday meeting when he addressed trustees and the public about letters sent to Riverside residents that allow them to opt out of the village-wide electrical aggregation contract approved by the Board of Trustees June 5.

Residents who would like to participate in the program have nothing to do, Scalera said. They will automatically be enrolled with First Energy for their electrical supply.

However, if a resident wishes to return to ComEd for their supply, or would like to seek their own supplier, they can fill out the bottom portion of the letter they received from the village and mail it in to opt out.

The village approved a three-year contract with First Energy for resident's electrical supply in June that will keep rates nearly identical to the expected summer rates offered by ComEd. However, Riverside residents in the program who are concerned about sustainability and green energy issues can rest easy known their supply is green.

Village staff could not find the same deep discounts the village received when it contracted with Direct Energy after a referendum on electrical aggregation due to changes in the electrical marketplace. Direct Energy told the board it would not seek to renew their contract with the village when it expires at the end of June because it was pulling out of the electrical aggregation market.

Trustees ultimately voted to accept a three-year contract with First Energy, even though the rate offered by the supplier was nearly identical to ComEd's, because they were offered a green option from First Energy.

Electricity is pooled into the grid and there is no way to know the direct source of the electricity that goes into a home, but green credits will be purchased for Riverside's electrical supply that benefits renewable power sources like wind and solar.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Suburban Life Media.

Watch Now

Player embeded on all SLM instances for analytics purposes.

Driver slams through front door of Riverside bank Monday

More videos »
 

Reader Poll

What's the most important issue to you in your community?
Taxes
Schools
Crime
All of the above