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Northfield votes to drop ComEd
Updated: December 9, 2012 7:24PM
NORTHFIELD — Voters on Tuesday overwhelmingly approved the Village of Northfield’s request to drop ComEd as their electricity provider and seek a cheaper alternative.
With all six precincts reporting, 2,030 voters approved the referendum question for the village to arrange for the supply of electricity for its residents and small commercial retail customers under the new program.
The referendum question garnered only 679, “no,” votes.
With the approval, the village will join the Lake Shore Alliance, which already includes Wilmette and Kenilworth, and their power supplier MC Squared.
Under the new electric aggregation guidelines, residents will continue to receive a bill from and be required to pay ComEd for delivery of the power, but MC Squared will be the new electricity provider at a much lower rate.
With the agreement, village residents will be automatically opted-in to the program to enjoy cost savings, but can opt-out if they desire.
According to a village presentation from earlier this year, residents can see up to a 46 percent savings from ComEd’s summer electric rates and up to a 54 percent savings from their non-summer rates.
Under ComEd’s current rates, Northfield residents pay 7.4 cents per kilowatt hour for summer rates and 8.8 cents per kilowatt hour for non-summer rates. The Lake Shore Alliance receives rates of 4 cents per kilowatt hour for both summer and non-summer rates.
Northfield residents will soon receive a letter in the mail with the price, terms and conditions of the supplier contract. Residents will receive a second letter from ComEd making sure they want to enroll in the program.
Residents are expected to begin receiving lower priced electricity starting in January.
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