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11/27/2012 10:42:00 PM
Council locks in residential electric rate
Staff report

The Wilmington City Council last week approved a memorandum of agreement with FirstEnergy Solutions, the next step in the process of creating an electrical aggregation opt-in program.

The document sets FirstEnergy as the city's sole supplier of electricity for those residential and small business users joining the program, and also any opt-out program that may be approved by voters before the two-year agreement expires.

FirstEnergy's price is 5.48 cents per Kwh, which represents the price provided to more than one dozen communities that approved an electric aggregation program by referendum last spring, and a small fee for administering the city's opt-in program.

Illinois Central Sch Buss

Eligible customers of ComEd will receive a letter, on city letterhead, explaining the program in seven to 10 days. The letter will also include instructions for joining the program. Only those who opt in will be included in the savings on the electric portion of their electric bills, and only curent customers of ComEd are eligible.

FirstEnergy Solutions will provide a call center with a toll-free number and trained staff to handle inquiries, as well as design, print and mail the opt-in marketing materials.

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