Sticking With ComEd Helps Lombard Residents Save On Electricity
CHICAGO (CBS) -- The village of Lombard decided to go "old school" in the spring, and now it's paying off on residents' electricity bills.
Lombard's electricity aggregation contract was up, so village officials decided in April and May to see which electricity provider would offer the lowest prices for residents. It turned out, ComEd beat the alternative suppliers.
"This year, because of some changes in the law, and ComEd's production capacity, the margins between the other providers and ComEd got a lot closer," Lombard village manager Scott Neihaus said.
By going with ComEd, Niehaus said Lombard residents who are in the aggregate program have saved more than $24 over the past five months. He said Lombard plans to go "electricity shopping" again next spring, and then every six months after that, unless an attractive price comes along.
Residents who choose to opt out of Lombard's electricity aggregation program are free to pick the electricity provider of their choice.