Electricity Savings to be Seen on September Bills
The new electricity rate with FirstEnergy Solutions Corp. is 44 percent lower than ComEd's rate.
Residents who didn't opt-out of the village's electric aggregation contract with FirstEnergy Solutions Corp. will start seeing the savings on their September bills.
Trustees voted May 7 to enter into a contract with FirstEnergy Solutions Corp. to supply electricity to Libertyville residents at a rate that is 44 percent lower than that offered by ComEd. As of June 1, the new ComEd rate is 8.5 cents per kilowatt-hour. For the two-year contract with FirstEnergy, the rate will be 4.75 cents per kilowatt-hour.