Welcome Belvidere Township Residents and Small Businesses!
Dear Belvidere Township Residents,
The Township is pleased to inform you we are continuing our Electric Aggregation program. The Township selected Chicago-based Eligo Energy IL, LLC in a competitive bid process for a 12-month term, ending August 2022. As an eligible member of this program, your rate will always be equal to ComEd's residential rate. The benefit for you is this program enables the Township to receive a civic contribution at zero cost to you and the Township.
There are no enrollment, switching, or early termination fees. Eligible customers will either be supplied by ComEd or Eligo, depending on their usage profiles. All eligible customers will pay the same rate, regardless of whether they are supplied by ComEd or Eligo. Those customers that will be supplied by Eligo need do nothing to participate; an eligible account will be automatically enrolled unless opted out.
As a Belvidere Township resident or small business owner, you should have recently received one of three letters from the Township:
You will be enrolled with Eligo Energy at your August 2021 meter read date; no other changes. The way you pay your ComEd bill will not change. You will continue to pay at exactly the ComEd rate.
You will continue to receive one monthly bill from ComEd and will still be eligible for the same programs through ComEd, such as Budget Billing, payment agreements, and energy efficiency programs. The only change will be in the Electric Supply price on the ComEd bill – https://www.comed.com/MyAccount/MyBillUsage/Pages/UnderstandingMyBill.aspx.
Once your account is enrolled, you will receive a confirmation letter from ComEd confirming your switch to Eligo. Approximately 30 to 45 days after enrollment, you will receive your first ComEd bill to reflect Eligo as your supplier at exactly the ComEd rate.
Opt-out only if you do not want to participate in the Belvidere Township electric municipal aggregation program. Although Belvidere is offering this program, we ask that rather than calling the Township, you direct specific aggregation program questions to Eligo at (847) 380-3184. You may also opt out of the program by e-mailing BelvidereTownship@eligoenergy.com or by completing and mailing the opt out form included with your letter within 21 days of mailing.
You will remain with your current electricity supplier unless you choose to proactively opt in to the program. To opt in to the program please call Eligo Energy at (847) 380-3184.
*(Price to Compare + Purchased Electricity Adjustment - www.pluginillinois.org/FixedRateBreakdownComEd.aspx)
Municipal aggregations are groups of customers, or entire communities that unite to pool, or aggregate their energy buying power. By pooling buying power and negotiating terms with a supplier other than the traditional utility, a municipal aggregation program can often provide more favorable terms for its participants, such as a civic contribution for the municipality. ComEd is still be responsible for delivering that power to your home, responding to outages, and billing you for it.
Headquartered in Chicago, Illinois, Eligo Energy is the licensed electricity supplier managing the aggregation.
All eligible customers will be served at ComEd's residential Price to Compare ("PTC") + Purchased Electricity Adjustment ("PEA"). See how it works at https://www.pluginillinois.org/FixedRateBreakdownComEd.aspx. The ComEd PTC changes several times a year. Please visit the website provided here periodically to find your ComEd Summer (June - September) and Non-Summer (October – May) rates. ComEd's PEA may change monthly by plus/minus 0.5 cents.
Your electricity bill generally has several cost components – distribution and supply. The aggregation program changes only the supply component of your bill. All other components of the bill will not be affected.
Yes, you will continue to receive a single bill from ComEd and make one payment. ComEd will continue to read your meter, the only difference you'll see on your electric bill is that Eligo Energy will be listed on the supply portion of your bill. You will continue to contact ComEd for any billing or service questions or if your power ever goes out.
For eligible customers interested in renewable energy, please call Eligo at (847) 380-3184.
No. If you are a ComEd customer, generally, ComEd will not impose any switching fee for participating in an aggregation program.
Residential or small commercial customers located in the municipality may participate.
No. Although the Aggregation Program is designed to provide savings for you, residents and small businesses that do not want to participate can opt-out without penalty. You may leave the program at any time without incurring any early termination fees.
No one from Eligo Energy or your municipality will ever visit your home to sign you up for electricity services or call you to enroll.
Residents of municipalities that enrolled in aggregation programs over the last three years in the State of Illinois are reporting no negative issues and are generally pleased with the reduced rates on their electric bills and rate stability. Deregulation of energy in Illinois has resulted in downward pressure on prices across the State.