Click to Home

Go To Search
How Do I?
The Village's Electric Aggregation Program
Summer 2017 Update
  • Woodridge is currently part of the Will County Governmental League Electric Aggregation Group. The group consists of communities in Will County that have come together in order to levy purchasing power for a lower electric supply rate.
  • The group recently went out to bid to obtain a lower electric supply rate.
  • Responding companies were higher than the current ComEd rate.
  • The group is continuing to seek an alternative supplier that would provide a lower rate than ComEd.
  • The current contract expires after the October bill. If lower rate cannot be secured before then, customers will be returned to ComEd.
  • The group will continue to seek a cheaper supply rate beyond the expiration.
  • If a cheaper rate can be secured, the group (and Village) will enter into a contract for that rate.

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.