Promises Made - Promises Kept

Electric Aggregation Update

In 2011, the City of Crest Hill was one of the first 19 communities in the State of Illinois to take advantage of the newly enacted legislation allowing municipalities to seek lower-cost electric suppliers via municipal aggregation. As a direct result of the successful passage of the April 5, 2011 electric aggregation referendum, the city secured a 2-year contract with Direct Energy, offering all of our home owners and small business owners a 25% savings on the supply-portion of your electric bill. Our senior citizens were afforded a 26% savings over the same 2-year period. Our residents and small business owners enjoyed an average annual savings of $183 per household. The aggregation savings for the City of Crest Hill was approximately $1 million per year. In these tough economic times, this program afforded our residents an unprecedented savings. The contract with Direct Energy expired in September 2013. As the electric marketplace leveled out, the City decided to suspend the program, returning all residents back to Commonwealth Edison for their power purchases. We continually check the marketplace to see if lower rates can be provided for our residents. As of yet, no rates offering significant savings have been identified. If the City does select a new electrical provider in the future, a letter will be sent to all residents notifying them of this change.

For the next 5 years, the City of Crest Hill decided that it was in the best interest of its residents to stay with Commonwealth Edison as our electric supplier, because the marketplace remained level and Commonwealth Edison offered the best supply rates. In 2018, the City of Crest Hill, on the advice of our Electric Supplier Consultant, Dave Hoover from NIMEC, approved an Electric Aggregation Agreement with McSquared for two years to save all of our residents money on their electric bills. Since the market had leveled out, these savings were nowhere near the cost savings of the past, but still substantial enough to partner with McSquared for these savings for our residents. In 2020, we renewed our Electric Aggregation Agreement with McSquared for two additional years to continue to save all of our residents money on their electric bills. We will review the status of our electric aggregation in 2022 and re-evaluate the marketplace to see if lower rates can be provided for a cost savings for our residents in the future.

I look forward to continue making improvements and investing in our city's future in order to enhance the quality of life for all our residents. Please vote April 1, 2025 to re-elect Ray Soliman.

Investing in Crest Hill's Future