Electric Aggregation Group Picks New Supplier; Savings on the Way for Woodridge Residents

Woodridge residents  start seeing a savings on their electric bills this fall, with the average household saving $300 per year thanks to a new electric aggregation deal.

On Thursday, the Will Electric Aggregation Group selected FirstEnergy Solutions as the new electricity supplier for member communities, including Plainfield, Romeoville, Bolingbrook, Lemont, Woodridge, Channahon and Shorewood.

The move will mean a 42 percent savings compared with the current rate of 8.32 cents per kilowatt hour charged by Commonwealth Edison.

That adds up to a savings of $300 per year for the average household, according to a press release issued Thursday by the Will Electric Aggregation Group.

Customers who want to participate in the program — and the savings that come with it — do not have to take any action. Customers who want to opt out will have 21 days from the postmarked date on the notice to do so.

Under the deal secured by the Will Electric Aggregation Group, member communities are entered into a two-year contract with FirstEnergy Solutions at a rate of 4.83 cents per kilowatt hour.

According to the release issued by the Will County Electric Aggregation Group, there are no early termination fees associated with the program.

In March, voters in Woodridge gave the village the go-ahead for electric aggregation, which is the practice of “bundling” electrical loads of communities to seek a better price.

The 16 member communities in the Will Electric Aggregation Group comprise an estimated 300,000 residents.

For more information, visit www.willelectricaggregation.org.

READ MORE ABOUT ELECTRIC AGGREGATION ON WOODRIDGE PATCH.