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Politics & Government

Village Locks In Electric Savings Of Up to 41 Percent

Along with other members of the North Shore Electricity Aggregation Consortium, the village of Northbrook secured a new, lower rate for residents by opting to go with an alternate provider to ComEd.

Savings of up to 41 percent on the electric supply portion of the bill are in store for Northbrook residents, this March.

A consortium formed of eight north suburban communities agreed this week to purchasing electricity for 4.836 cents per kilowatt hour rather than the current rate of 8.233 cents charged by Commonwealth Edison. 

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The price, negotiated by MC Squared Energy Services for the municipalities of Deerfield, Highland Park, Lake Forest, Lake Bluff, Glencoe, Skokie, Park Ridge and Northbrook, was announced at a news conference Tuesday in Skokie. 

Under the new plan, ComEd will continue to provide distribution of power and bills will continue to come from the utility. When power goes out, residents should contact ComEd, not MCSquared.

Find out what's happening in Northbrookwith free, real-time updates from Patch.

The consortium was formed late last year and all eight communities approved the opportunity in the March 20 primary. By a margin of 3 to 1, Northbrook voters resoundingly gave their support to the village the right to purchase its own power for citizens. 

In the next 21 days, eligible residents and businesses will receive a letter from the village giving them the option to choose the plan. Affirmative action is necessary. All residents and small businesses who have not already purchased electricity from a source other than ComEd can participate. 

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