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ComEd is passing through the costs of higher wholesale energy costs. The first increase of 8% will start as early as June 2017; raising their rate to 6.89 cents per kilowatt-hour.

However, that is only the beginning.

October 2017 is forecast for another 5% increase, raising the total amount to 13%.

Although wholesale costs affect all suppliers, Realgy has demonstrated a consistent pattern of having lower rates than ComEd. In fact, over the last 24 months Realgy has only been above ComEd for 2 months.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Additional Information:

http://www.chicagobusiness.com/article/20170523/NEWS11/170529964/next-months-electricity-price-hike-is-just-the-start?utm_source=NEWS11&utm_medium=rss&utm_campaign=chicagobusiness