Electric Aggregation Program
In March of 2012, residents of the Village of Gurnee approved a referendum authorizing community leaders to buy electricity in bulk from a supplier other than ComEd. After a competitive bidding process, the Village selected a new provider, MC Squared Energy Services, LLC (mc2), to provide electricity supply services to residents and small businesses beginning July 2017. The frequently asked questions below provides additional information regarding the Village’s program.
What is electricity aggregation?
On August 10, 2009, Governor Quinn signed into law Public Act 096-0176, which allows governmental bodies to arrange for the provision of electricity to residential and small commercial retail customers by alternative electric suppliers (i.e. suppliers other than ComEd). Under the this law, the Village may seek bids for the provision of aggregate electricity supply services to their residents and small businesses, in hopes that the selected rate will be lower than the standard published rate offered by ComEd.
What is the electricity supply price for participating members?
|mc2 Electricity Supply Price||ComEd Standard Rate (if no mc2 contract)|
|6.890 cents per kWh||7.185 cents per kWh|
The aggregation supply price is a fixed electric supply price, measured in cents per kWh. It will start at the next meter read date after ComEd processes your enrollment and continue until the meter read date in July 2018.
Who is eligible to participate?
Eligible residential requirements: All residents located in the Village of Gurnee that are currently with the existing electricity aggregation program or receiving electricity supply service from ComEd are eligible to participate. Eligible customers will be automatically enrolled unless they take action to Opt-Out.
Eligible business requirements: All small businesses located in the Village of Gurnee that are currently with the existing electricity aggregation program or receiving electricity supply service from ComEd and have annual usage of 15,000 kWh or less are eligible to participate. Eligible small businesses will be automatically enrolled unless they take action to Opt- Out.
Opt-In eligible customers: All residents and small businesses (with annual usage of 15,000 kWh or less) located in the Village of Gurnee that currently receive service under the following programs/rates are eligible to Opt-In to the Village electricity aggregation program.
- ComEd’s Hourly Rate
- Net Metering Program
- Retail Electric Service
- New Residents
To Opt-In to the program, go to www.mc2offer.com, entering the promo code Gurnee and enter the required information. You will need to provide your account number, name, address and phone. Attachment A outlines the steps to enroll online. You can also call mc2 at 1-855-564-8130, Monday through Friday, 8 a.m. to 5 p.m. to Opt-In.
What will change on my electricity bill?
You will continue to receive a single bill from ComEd on a monthly basis. mc2 charges for electricity supply and transmission services will be included in the “Supply” portion of your ComEd bill. ComEd will continue to bill you for distribution services and taxes. Payments should still be sent to ComEd at the address provided by the utility.
Will I receive confirmation of my switch to mc2?
ComEd will mail you a confirmation letter indicating they have received notice of your switch to “MC Squared Energy Services” as your electricity supplier.
Will my electricity service be disrupted when I switch?
No, there will be no disruption in service. You will continue to receive the same electric service through the same transmission and distribution system currently operated by ComEd. The switch to mc2 is seamless.
What if my power goes out – who do I call?
ComEd is responsible for ensuring that electricity flows through its distribution network to all homes and businesses. Being a member of an electricity aggregation program does not change how ComEd responds to outages. ComEd continues to be responsible for the wires, poles, and all emergencies, including outage restoration. All service issues, including power outages, should still be reported to ComEd at 1-800-334-7661.
Is there an early termination fee?
No. However, you will be obligated to pay for services rendered under the contract until service is terminated.
What if I have already switched to an Alternative Retail Electricity Supplier (ARES)?
If you have already switched to an Alternative Retail Electricity Supplier (ARES), you can still Opt-In to the program by going to www.mc2offer.com (entering the promo code Gurnee) or by phone at 1-855-564-8130, Monday through Friday, 8 a.m. to 5 p.m. You will need to provide your account number, name, address and phone. You should check with your current provider to better understand any restrictions or policies that might apply - you may be subject to early termination fees.
Who is MC Squared Energy Services, LLC?
mc2 has been a licensed Alternative Retail Electricity Supplier (ARES) in the State of Illinois since March 2009, marketing to residential and commercial customers in Illinois. MC Squared Energy Services, LLC is a wholly owned subsidiary of Wolverine Holdings. Founded in 1994, the Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services and technology solutions. For more information on the company, including a leadership-team profile, please visit our website at www.mc2energyservices.com.
No one from the Village of Gurnee’s program will come to your door or call you to ask you to switch to a new supplier. Please be careful if anyone comes to solicit you to switch suppliers. They are not with this Village program.
What is the toll-free number for questions?
If you have any questions, you can call mc2 toll-free at 1-855-564-8130, Monday through Friday, from 8:00 a.m. to 5:00 p.m., or email your questions to email@example.com.
MC Squared Contact Information
MC Squared Energy Services, LLC 175 West Jackson
Chicago, IL 60604
Electric Aggregation FAQ
- How can I enroll?
- What is an eligible resident or small commercial account?
- What is a “small commercial account?”
- How can Gurnee get lower rates than ComEd?
- What is the current “ComEd default rate?”
- Will I receive two bills, one from ComEd and another from the new supplier?
- Whom do I call if I have service problems?
- If I am automatically enrolled in the program now, can I leave the program at any time?
- What is ComEd’s 6-month “hold” requirement?
- I am enrolled in low-income assistance program. Will that be affected?
- I’m on ComEd’s budget billing plan. Will that change?
- Can I still have my payment automatically deduced from my checking account as I do now?
- Will someone come to my home or call to sign me up?
- How is the Village able to get competitive rates compared to the ComEd rate?
- Is my electric supply at greater risk now that deregulation has opened markets to many new suppliers?
- Does the energy supply renewable “green” energy sources?
During the initial three-week opt out period, you need do nothing if you received a notice at your ComEd billing address; you will automatically be enrolled unless you opt out. After the initial opt out period, a ratepayer may enroll by calling MC Squared at 855-575-9231 and asking for the Gurnee rate of 6.89¢.
Any resident who is currently with ComEd and has not already switched to an Alternative Retail Electric Supplier (ARES) or who is not enrolled in a special Residential Real-Time Pricing (RRTP) program is eligible, and small commercial accounts are eligible. You must also have a residence or business located within the Village limits.
A small commercial account is a commercial account that consumes less than 15,000 kWh per year.
The State of Illinois deregulated energy markets over 15 years ago. What is commonly referred to as the “ComEd rate” is actually a default rate, which is no longer established by ComEd, but by the Illinois Power Agency, which procures energy in the open markets.
The effective ComEd rate for June 2017 through May 2018 is 7.1853¢ per kWh and includes a variable charge or credit, the Purchase Electricity Adjustment (PEA). For more information, visit http://www.pluginillinois.org.
No. ComEd will continue to bill you for electric supply, delivery and taxes. ComEd delivers electricity, and will continue to bill you for that, but they no longer supply it. They will pass along the fees you pay for the supply of your energy to the new supplier.
Always call ComEd with reports of outages or downed power lines at 800-334-7661. For questions about your supply, you can call the customer service number for Constellation. This will be listed under “Electric Supply Services” on your ComEd bill.
Yes, you can later leave the program and move your account back to ComEd or another Supplier. There is no early termination fee to leave.
Please note State Regulations: If you move from the program back to ComEd for longer than two months, your account is placed in a “bundled hold” status, and you may not return to the Gurnee program until a full six months has passed.
No. If you currently receive assistance via PIPP or LIHEAP, that status will not change and you can continue to get these benefits for your ComEd bill.
No, you can stay on the budget billing plan.
Yes. The way you pay your ComEd bill will not change.
No. You need do nothing to automatically be enrolled in the program. If someone calls or visits your home claiming to be the Village’s power supplier, please file a complaint with the ICC at http://www.icc.illinois.gov/consumer/complaint.
By combining the purchasing power of all residents and small commercial accounts, the Village of Gurnee was able to negotiate rates lower than residents can typically achieve when switching individually to a new supplier. The Village combined the purchasing power of resident accounts to negotiate a favorable rate.
No. By law, ComEd remains the Provider of Last Resort (POLR), so if there is an issue with securing electric supply, ComEd will be required to deliver it, regardless.
Yes. 13% of your energy consumption is sourced from renewable generation such as solar and wind and may be represented through the purchase of Renewable Energy Certificates (RECs).