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The Village's Electric Aggregation Program
Current Electric Rate Comparison
Current ComEd Rate                                      6.185 cents/kWh

Homefield Energy                                          6.850 cents/kWh

Explanation on Savings

Electric bills are comprised of delivery charges, supply charges, and taxes.  Included in your supply charge is the cost of purchased electricity – energy bought by your energy supply company to supply you with power.  Recently, ComEd moved to have a Purchased Electricity Adjustment (PEA) added as a credit on electric bills.  When this credit is combined with the other charges, the total paid for electric supply amounts to a sum that is just less than the cost for the Village’s negotiated electric aggregation rate. 

Over the course of the electric aggregation program, participants in the program will realize savings.  These savings, however, will not be as substantial as in previous years of the program due to ComEd recently decreasing their energy charge.