Electric Aggregation Towns Won't See ComEd Rate Increase

Starting June 1, ComEd is expected to raise its rates again, this time by 38 percent, but the hike won't affect customers in the the Will Electric Aggregation Group.

Will County Governmental League Transportation Director Hugh O'Hara said WEAG rates will stay at 4.83 cents per kilowatt hour, 36.5 percent below ComEd's new 7.596 cents per kilowatt hour rate.

The aggregation group includes residents in Beecher, Bolingbrook, Braidwood, Channahon, Coal City, Crete, Elwood, Frankfort, Homer Glen, Lemont, Peotone, Plainfield, Rockdale, Romeoville, Shorewood and Woodridge.

WEAG's rates are locked in through October, which will help residents get through the summer air conditioning season. After that, the program will negotiate for a new fixed rate with electrical suppliers.

According to O'Hara, the electric aggregation program has already saved residents and small businesses a combined $17 million.

The WEAG formed in 2012 and has enrolled more than 85,000 accounts.

“This is a great example of communities working together to provide a service to their residents,” said Lemont Mayor Brian Reaves, who also serves as WCGL utility committee chairman.