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Deerfield Residents Saving $55 on Electric Bills

Village residents who are part of the North Shore Electricity Aggregation Consortium are already realizing savings.

Deerfield residents who have joined the North Shore Electricity Aggregation Consortium have saved nearly $55 a month over the last two months, according to information from the consortium and the Village.

Since the consortium began supplying electric power to the Village in June, the 6,100 customers who did not affirmatively reject the opportunity have saved $334,926 in June and July from what is being charged to Commonwealth Edison customers, according to Andrew Lichterman, an assistant to Village Manager Kent Street.

Earlier: Deerfield To Reveal Electric Rate Tuesday

For the year, Lichterman expects participants to save an average of $379 for a total savings throughout the Village of $2,315,534.

On March 20, Deerfield voters approved a referendum authorizing each consortium member to operate an “opt‐out” electricity aggregation program for its residents and small businesses. Through the intergovernmental agreement, the consortium has been working together since December.

The other consortium members are Highland Park, Lake Forest, Lake Bluff, Glencoe, Northbrook, Park Ridge and Skokie. The total savings for all eight communities the last two months has been $2,838,785, according to a news release from the consortium. A savings for all customers for the first year is expected to be approximately $25 million.

For people who opted out of the opportunity, they can contact the provider, MC Squared, by phone (888-808-7731) or by email (northshore@mc2energyservices.com). More information is available on the consortium’s website.

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Related Topics: Electric Aggregation, MC Squared Energy, and commonwealth edison

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