Saturday, February 16, 2013
The utility wants lawmakers to amend a 2011 rate-hike law to allow the utility to retroactively collect money for electricity already used.
The Illinois Senate Executive Committee unanimously approved a request by ComEd and Ameren to "clarify" a 2011 law that allowed the utilities to raise electricity rates, Illinois Public Radio reports. The clarification would allow the power companies to retroactively charge higher rates for the electricity you've already used, potentially raising up to $70 million for ComEd, according to Sun-Times Media. The 2011 law changed the formula used to determine charges. But the utilities say it didn't work as intended. They say regulators aren't letting them charge what they need. Now the companies are back, asking the legislature to pass another law, clarifying the old one. (Says) ComEd CEO Anne Pramaggiore: "Without it we are stalled in these…
Tuesday, July 24, 2012
The Village Board approved the Will Electric Aggregation Group Agreement. Find out what that means for you.
Saving every penny is crucial in today's economy. With the recently passed motion of the Will Electric Aggregation Group agreement by the Village Board, Frankfort residents and small business owners should save more money than just some spare change. The Will Electric Aggregation Group, the consortium of Will County communities, agreed to purchase bulk electricity from First Energy at a rate of .0483 cents per kilowatt hour. First Energy will replace ComEd as Frankfort's supplier of energy starting this fall, and the switch could save residents anywhere from 25 to 30 percent on electricity, according to Mayor Jim Holland. "The savings are going to be substantial," Holland said. "The only real other particular in this, is that it's a two …
Friday, July 20, 2012
Members of an electricity aggregation consortium of Will County communities approved a new power supplier and negotiated a two-year rate that's lower than ComEd. Find out the details of this agreement and what's next for the village.
Frankfort residents should see a lower power bill by fall after the county electricity aggregation group the village is a part of chose a new supplier and negotiated a lower rate for participating communities Thursday. The members of a consortium put together by the Will County Governmental League voted to go with FirstEnergy Solutions, which will provide a rate of 4.83 cents per kilowatt-hour over the next two years. ComEd's current rate is 8.32 cents per kWh. READ: Find Out What You Need to Know About Electricity Aggregation in Our Section on the Issue "I think the rate achieved will likely be lower than what residents could get on their own," said Mayor Jim Holland, who has been deeply involved with the consortium since its beginnings. …
Thursday, July 19, 2012
The Will County Governmental League's electricity aggregation consortium, which the village is a part o, will vote Thursday to choose a power supplier, a Frankfort official said.
Frankfort residents curious who will be the village's electricity supplier and how much they will be paying could have some answers by the end of the day Thursday. The Will County Governmental League's consortium for electricity aggregation meets Thursday, July 19, to go over and vote on a specific supplier, said Frankfort Village Administrator Jerry Ducay. The group, which the village joined in May, represents 20 Will County communities in trying to negotiate cheaper electricity rates. READ: Village Joins County Group to Lower Electric Rates If a supplier is chosen, the electricity rates also should known, Ducay said. Although he couldn't guarantee Thursday's meeting would result in the group deciding on an electricity provider, Ducay …
Thursday, June 28, 2012
Frankfort Patch reader Marilyn Gold sent in this picture of ComEd workers working on high-tension wires in a unique way. Would you be willing to do this job?
- VOLUNTEERS IN THE NEWS
- Joe Vince
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Thursday, June 28, 2012
Frankfort Patch reader Marilyn Gold sent a photo Wednesday, June 27, of ComEd crews working on the high-tension electric wires around Center Road. But these workers weren't doing groundwork or even in cherry-pickers, some feet above the street. No, they were hanging above the wires from a helicopter: Here's what Marilyn wrote: How would you like to dangle out of a helicopter? They have been working on the high wires along the railroad tracks. This was this morning outside of my office on Center Rd. I'm not sure who had the better view: Marilyn or the helicopter hanger. But here's my big question: If given the chance—and the training—would you do this job? Take the poll and share your reasons in the comments section. HAVE COOL PHOTOS AND …
Monday, April 9, 2012
Mayor Jim Holland and Village Administrator Jerry Ducay lay out the decisions ahead for village officials as they embark on negotiating lower energy rates for residents.
It's been just a little more than two weeks since Frankfort voters approved an electricity aggregation referendum, allowing the village to negotiate energy rates for residents. But preparations are already being made by village officials to move the process into high speed. At the Frankfort Village Board meeting April 2, Village Administrator Jerry Ducay told trustees that ComEd and village staffers were going over a preliminary list of accounts to make sure they're within Frankfort boundaries. READ: Want More Background on Electricity Aggregation in Frankfort? Patch Has a Page to Answer All Your Questions So what's next after that? Frankfort Patch spoke with Ducay and Mayor Jim Holland this week to go over the tentative timeline and flesh…
Thursday, September 22, 2011
Officials agreed to pursue a referendum that would allow voters to decide if they wanted the village to negotiate electric rates for them.
- GOVERNMENT
- Joe Vince
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Thursday, September 22, 2011
Despite some concerns, the Village of Frankfort will continue to pursue electricity aggregation, something that could net residents lower electric bills. At Wednesday's Land Use and Policy Committee meeting, Frankfort officials recommended telling the Will County Governmental League that it's interested in joining the nonprofit organization in a plan to collectively bargain electric rates for participating county municipalities. Last month, the league, which represents county governments in regional issues, agreed to pursue aggregation for its members, and bargain with electricity providers other than ComEd for better rates. The idea is that there is strength in numbers, and the league can negotiate a better deal than individual …
Wednesday, September 21, 2011
Could the village team up with a county agency to negotiate cheaper electricity prices? It's a possibility, and Patch explains what that could entail.
- GOVERNMENT
- Joe Vince
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Wednesday, September 21, 2011
When Frankfort's Land Use and Policy Committee meets Wednesday night, members will be discussing a potential plan that could net residents a cheaper deal on their electric bills. This meeting marks the village's first step in exploring the possibility of joining other Will County municipalities to collectively negotiate electric rates, a program known as electricity aggregation. To get a better idea of what this might mean to Frankfort residents, Patch breaks down what's involved in electricity aggregation and how a similar village has dealt with it. Illinois deregulated the generation of electrical power in the mid-'90s, letting residents and businesses move from ComEd to lower-cost suppliers. Last year, Gov. Pat Quinn signed into law …
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Tuesday, August 23, 2011
Officials will be examining a proposal to join the Will County Governmental League to collectively bargain electricity prices for residents, mayor said.
Village officials will explore the possibility of joining other county governments to collectively negotiate electrical rates, said Mayor Jim Holland at Monday's Village Board meeting. Last week, members of the Will County Governmental League, a nonprofit organization that represents county municipalities in regional issues, unanimously voted to pursue electric aggregation for its members, Holland said. This means the village, which would be represented by the league, could haggle with electrical utilities for better electricity rates on the residents's behalf. Residents also could opt out of this negotiation and buy electricity on their, something they can currently do. "In that sense, people, theoretically, don't have anything to lose…
Tuesday, July 26, 2011
Between the heat wave and the intense storms the Southland has experienced this summer, the last few weeks have been busy for ComEd.
Southland citizens had a rough time trying to cool down during last week's heat wave. Just how hot was it? "Customers were using an all-time high of power," said ComEd spokeswoman Arlana Johnson. "It is the most power used at one time since August 2006." According to a ComEd press release, customer demand reached an a peak usage milestone late Wednesday afternoon. However, according to Johnson, this intense usage has yet to negatively impact the ComEd power grid. “Our system is performing really well and we didn't experience any issues," said Johnson. "We put extra crews on notice in case there were any problems. We had 350 crews available, which is 100 more than on a typical summer day." According to Johnson, a far bigger issue is the …
Tom S
9:42 pm on Sunday, February 17, 2013
Under the Smart Grid law passed in 2011, ComEd committed to spend $2.6 billion over 10 years to modernize the electric grid in Northern Illinois. The ICC's interpretation of the law reduced funding to complete the modernization program. As a result, ComEd faced a reduction in funding of nearly $100 million per year in 2014 and beyond. Without the additional funding, ComEd stated it could not … more ›