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With voters’ OK, municipalities have work to do on electricity deals

An electricity consultant for municipalities estimated that ComEd stands to lose up to one-third of its residential customers to aggregation, though the utility will continue to handle billing, complaints, maintenance and delivery. (Stacey Wescott, Chicago Tribune / March 7, 2012)

An electricity consultant for municipalities estimated that ComEd stands to lose up to one-third of its residential customers to aggregation, though the utility will continue to handle billing, complaints, maintenance and delivery. (Stacey Wescott, Chicago Tribune / March 7, 2012)

About 300 local governments statewide, about half in the Chicago region, held referendums Tuesday on whether to aggregate electricity, a process by which municipalities and counties try to get volume discounts on electricity by negotiating on behalf of their residents. About 4 in 5 Chicago-area communities passed the measure.

Those who opt out can stay with ComEd or seek their own deals.

Richard Morton, of Burr Ridge, is among those who did just that. He is convinced that municipalities will have to add costs for brokers, staff time and other administrative expenses.

Read more at the Chicago Tribune.

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