Elburn could opt out of ComEd for residents
ELBURNâ€”ComEd currently provides electricity to homes in Elburn. However, Elburn residents could obtain lower rates from an alternative electricity supplier more easily if the Village Board decides to opt out of ComEd.
Northern Illinois Municipal Electric Cooperative (NIMEC) has worked with the village of Elburn since January 2007 to purchase electricity for its municipal buildings at rates lower than ComEd’s.
Residents can individually seek a less expensive electricity supplier for their homes, too; but most people are not sufficiently informed about the various supplier options to make an informed choice, according to NIMEC.
However, because of recent legislative changes, a municipality may make the choice for residents, if the municipality enacts an opt-out ordinance. With such an ordinance, a municipality may move all ComEd accounts within the town limits to a supplier offering lower electricity rates.
The Elburn Village Board will consider the opt-out ordinance at a future meeting, the Finance Committee announced on Monday.