ComEd Rates Going Up: New Energy Supplier Stepping In

May 31, 2010

Commonwealth Edison is raising residential customer rates on June 1 by about 19 percent, and for the first time in Illinois, you don’t have to take it.

Chicago-based BlueStar Energy has stepped into the electrical arena and is offering a one-year contract that it says could save ComEd customers an average of 5-11% per month.

Illinois Energy Supplier

Now Illinois residents have a choice of energy suppliers.

It’s still ComEd that is providing the electricity to your home; BlueStar is just selling it to you at a lower monthly rate. For now. There is no telling what the new company’s rates will be in 12 months, when some experts are predicting ComEd’s rates to fall.

For this year, it seems you can save money with BlueStar. If you go that route, you have to sign a 12-month contract, and there is a fee of $10 per month remaining on your contract if you terminate early. ComEd doesn’t require a contract.

BlueStar Energy offers a traditional energy fixed rate that will save consumers about 11% over ComEd’s price increase. The company also provides 100% Renewable American Energy, and this year you can reduce your monthly bill by about 5% with BlueStar while reducing your carbon footprint.

Switching to BlueStar is done completely online; no one needs to come to your house and there is no service interruption. For more information, check out the BlueStar Energy web site.

Categories: Economy

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