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New Electric Rate to Be Revealed in Skokie

The North Shore Electricity Aggregation Consortium will announce the new rate for eight North Shore communities at 2 p.m.

 

Skokie residents will know their new, lower electricty rate Tuesday afternoon. The North Shore Electricty Aggregation Consortium is hosting a press conference at 2 p.m. at Skokie Village Hall to reveal the figure.

MC Squared Energy Services LLC had been selected earlier in April by the Consortium as the new supplier, according to the Skokie Review. As part of the agreement with MC Squared, the Consortium communities will review electricity rates annually within the 36‐month time period to ensure that customers are receiving the best possible rate. 

On March 20, voters in all eight Consortium municipalities approved a referendum authorizing each municipality to operate an “opt‐out” electricity aggregation program for its residents and small businesses. The Electrical Aggregation Referendum passed in Skokie during March elections, with 4,201 residents voting 'Yes,' or 71.42 percent.

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Related Topics: ComEd, MC Squared Energy, Skokie, and The Electrical Aggregation Referendum

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