Electricity Rates To Drop By 41 Percent

I just left a press conference at Skokie's Village Hall where we announced terrific developments concerning your electric bill.  

Thanks to an excellent negotiation team and the volume purchasing power of 60,000 to 70,000 residents and small businesses within the eight communities of the , we will see our electricity rates drop by at least 41 percent starting this summer, a greater savings than we even anticipated. 

The current ComEd rate is 8.233 cents per kWh. New rates, set to begin in June or July, are locked in at 4.836 cents per kWh through May, 2013 for customers who choose to participate in the City's electrical pricing program.  

Rates will be renegotiated each year of our three-year contract with alternate supplier MC2, but will never exceed ComEd rates. 

Look for the official city letter in your mail providing full details during the next week or so. You will have 21 days to decide if you want to participate in the City's pricing program. 

Click  for my earlier email about the Consortium and the referendum vote. 

Click here for the City's Frequently Asked Questions webpage on electrical aggregation pricing. 

Congratulations and thank you to our dedicated staff and all of the Consortium members on this great collaborative achievement.

Mild Winter, Saving Money 

Last week it was announced that the City saved over $300,000 due to this winter's mild weather. Cross your fingers for a calm summer!

Questions? Contact Emily Palm, Assistant to the City Manager, at 847-926-1004 or at epalm@cityhpil.com. 

Nancy Rotering
Highland Park Mayor

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