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HomeMy WebLinkAboutAgenda5/22/2017 BoardDocs® Pro IN Tuesday, May 9, 2017 COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Mount Prospect Village Hall 50 S. Emerson Mount Prospect, IL 7:00 p.m. 1. CALL TO ORDER Subject 1.1 Roll Call Meeting May 9, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Category 1. CALL TO ORDER Access Public Type Procedural 2. APPROVAL OF COMMITTEE OF THE WHOLE MINUTES Subject 2.1 APPROVAL OF COMMITTEE OF THE WHOLE MINUTES FOR FEBRUARY 28, 2017 Meeting May 9, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Category 2. APPROVAL OF COMMITTEE OF THE WHOLE MINUTES Access Public Type Action ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... File Attachments 2-28-2017 COW Minutes(Need to be Approved).pdf (28 KM ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 3. CITIZENS TO BE HEARD 4. DISCUSSION ITEMS Subject 4.1 Electricity Aggregation Meeting May 9, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Category 4. DISCUSSION ITEMS Access Public Type Action, Discussion Recommended Discontinue the Village's Municipal Electricity Aggregation Program after the current electricity Action aggregation contract with Homefield Energy (Parent Corporation: Dynegy Energy) expires August 2017. Information Background In 2010, the Illinois legislature was changed to allow municipalities to seek competitive pricing of electricity for residents and small businesses. The intent was to use economies of scale (i.e. Village group rate) to pass on savings to individuals. Resident approval was required to pursue electric aggregation and Mount Prospect voted in favor of it on March 20, 2012 hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 1/5 5/22/2017 BoardDocs® Pro with 3,448 (58.64%) votes in support and 2,432 (41.36%) votes against. The Village contracted with FirstEnergy Solutions to lock in a rate of $0.0465 (4.650 per kilowatt hour (kWh) from August 2012 to August 2014. ComEd's Price to Compare' rate averaged 6.73 per kWh for the same time period. In 2014 the Village renewed the electric aggregation program and entered into a three year contract with Homefield Energy (Parent Corporation: Dynegy Energy). The rates were as follows: August 2014 to August 2016 — 7.935 per kWh and from August 2016 to August 2017 — 7.499 per kWh. By October 2014 the Village was recommending residents to switch their electric supply back to ComEd as their rate was lower by 0.5� per kWh. The Village locked in rates when the energy market was high during spring of 2014 and ComEd was able to react to the market as it normalized and eventually dropped in the spring of 2016. Overall, the Village's electric aggregation program has saved the average household $140 and saved about $3 million village wide since August 2012. The Village has utilized the consulting services of Northern Illinois Municipal Electric Collaborative (NIMEC) since 2012 to assist the Village in coordinating its electricity aggregation program. Discussion The Village's contract with Homefield Energy ends August 2017 and a decision will be required to determine the near future of the Village's Electric Aggregation Program. Staff requested NIMEC to solicit indicative rates for the Village and the bids were returned Wednesday, April 26, 2017. NIMEC requested the electricity suppliers provide indicative rates with a high degree of confidence that rates would be representative of a live bid. Rates provided can only be held for 24 hours since the energy market is reactive similar to the stock market. A live bid could provide a chance that the rate be a bit lower or higher than the indicative rates depending on the market at that time. Retail electricity suppliers use the Village's Community Usage Profile to determine their proposed rates. The lowest indicative rate received is 6.770 cents per kWh for 15 months from Dynegy. Please see Attachment A: NIMEC/Mount Prospect Bid Sheet April 26, 2017 for complete results. NIMEC used ComEd's Schedule of Rates for Electric Service document which is updated monthly to estimate ComEd's rate at 7.18¢ per kWh for the next 12 months. The ComEd rate published in April 2017 would lock in the Summer Rate (May 2017 through September 2017). While the Winter Rate (October 2017 through May 2018) at this time is based on 75% of the purchased required electricity load. Attachment B provides ComEd's Purchased Electricity Charges (page 559) and PJM Services Charges (page 560) sheets filed with the Illinois Commerce Commission on April 10, 2017. These pages are directly from ComEd's aforementioned rate document. Table 1: ComEd's Schedule of Rates for Electric Service uses the ComEd rate sheets to present ComEd's rates from June 2017 through May 2018. Table 1: ComEd's Schedule of Rates for Electric Service (Effective 4/11/2017) Table 2: Electricity Cost/Savings Projection uses the average annual single family household kWh usage (about 9,000 kWh) to project how the expected ComEd and lowest indicative rate compare against each other. For reference, Mount Prospect small business accounts average around 200 and they use an average 9,385 kWh annually. The term Purchase Electricity Adjustment (PEA) is used in the table below and it provides ComEd the ability to adjust rates monthly up to +/-0.5� per kWh to ensure customers pay the actual cost of purchased electricity. The municipal electricity aggregation rate is not subject to the PEA and neither are accounts with alternative retail electric suppliers. Table 2: Electricity Cost/Savings Projection (based on 9,000 kWh/year) Rate Supply Cost 1 Supply Cost Cost Differential (C per kWh) Month 12 Months 12 Months 'Savings' Lowest Indicative Rate -Village 6.770 $51.38 $616.50 hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 2/5 Purchased Purchase Price to Electricity Service Charge Compare Rate Charge (C per kWh) (C per kWh) (C per kWh) January 2017 through May 2017 Nonsummer 5.055 1.263 6.318 (Current) June 2017 through May 2018 Summer 5.616 1.388 7.004 Nonsummer 5.888 1.388 7.276 ComEd Rate Next 12 Months (NIMEC) 7.185 NOTE: 'Price to Compare' rate does not account for ComEd's Monthly Purchase Electricity Adjustment that can be a credit or charge up to 0.5C per kWh. Table 2: Electricity Cost/Savings Projection uses the average annual single family household kWh usage (about 9,000 kWh) to project how the expected ComEd and lowest indicative rate compare against each other. For reference, Mount Prospect small business accounts average around 200 and they use an average 9,385 kWh annually. The term Purchase Electricity Adjustment (PEA) is used in the table below and it provides ComEd the ability to adjust rates monthly up to +/-0.5� per kWh to ensure customers pay the actual cost of purchased electricity. The municipal electricity aggregation rate is not subject to the PEA and neither are accounts with alternative retail electric suppliers. Table 2: Electricity Cost/Savings Projection (based on 9,000 kWh/year) Rate Supply Cost 1 Supply Cost Cost Differential (C per kWh) Month 12 Months 12 Months 'Savings' Lowest Indicative Rate -Village 6.770 $51.38 $616.50 hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 2/5 5/22/2017 BoardDocs® Pro ComEd Rate Next 12 Months (NIMEC) 7.185 $53.89 $646.65 $37.35 ComEd PEA Fee +0.5C 7.685 $57.64 $691.65 $82.35 ComEd PEA Fee -0.5( 6.685 $50.14 $601.65 -$7.65 In theory the lowest indicative rate could potentially save residents who use 9,000 kWh over 12 months about $37 or $3.11 per month. However, the June 2017 through May 2018 nonsummer rate may change since ComEd still needs to purchase the remaining 25% electricity load. Additionally, slight rate adjustments are possible in January and September. The calculated potential savings are dependent on Com Ed's Price to Compare' rate and PEA being on average at least 0.415¢ per kWh higher than the Village's rate. Com Ed's Historical Prices to Compare' are attached as Attachment C for reference. When municipal electricity aggregation programs started in 2011 and 2012 ComEd was bound by long term contracts which limited opportunity to have rates that more closely tracked the market in comparison to the alternative electricity retail suppliers that entered the Illinois market at that time. This created the opportunity for municipal electric aggregation programs to receive clearly advantageous rates lower than ComEd. Com Ed's rates are more market competitive since their legacy contracts expired. This is also why a shorter term (12 months) electricity aggregation program renewal would be more advantageous than a three year term (36 months) like the previous contract. Please see Attachment D for rate comparison charts that track Mount Prospect's rate against Com Ed's rate from September 2012 to May 2017. Some municipalities as early as 2014 were not renewing their electricity aggregation programs and returning residents and small businesses back to ComEd. We have been recommending residents to switch back to ComEd since October 2014 and to date one third or about 4,666 accounts that originally participated have opted out of the current aggregation program. This February, the Northwest Suburban Electricity Aggregation Consortium which includes the Village's comparable communities of Arlington Heights, Buffalo Grove, Palatine, and Wheeling decided to suspend their electric aggregation program. NIMEC reports that the consortium received an indicative rate of 6.750 kWh from Dynegy Energy and decided not to pursue a contract. Table 3: Comparable & NIMEC Municipalities' Electric Aggregation Program Status List is attached (Attachment E) and lists the current state of comparable municipalities' electricity aggregation programs and NIMEC's recently renewed contracts with rates. Alternatives 1. Discontinue the Village's Municipal Electricity Aggregation Program after the current electricity aggregation contract with Homefield Energy (Parent Corporation: Dynegy Energy) expires in August 2017. 2. Proceed to the June 6 Village Board meeting, NIMEC would conduct a live bid on June 6 and the Village Board decides the future of program based on live bid results. 3. Action at discretion of Village Board. Staff Recommendation Staff recommends suspending the Village's electricity aggregation program considering the marginal and potential for savings against Com Ed's expected Price to Compare' rate. Com Ed's rates have proven to be competitive with alternative retail electricity supplier rates as of late. Also, it is unlikely that the Village would receive a guarantee from a supplier to permit the Village as a whole to opt out if Com Ed's rate was to drop below the aggregated rate. If the Village was to receive this guarantee, then the electricity rate would be higher reducing value and potential savings. Staff would entertain revisiting the program in a year with the option of receiving updated indicative rates depending on the market. The Village has advised residents to switch back to ComEd since October 2014 when the Village's electricity aggregation rate has been higher (April 2017 was 1.181 per kWh higher) than Com Ed's rate not including PEA. If the Village was to enter into a new electricity aggregation contract, the new rate should be clearly beneficial with sufficient value to explain the Village switching directions. However, if there is interest in proceeding with the program at this time, then staff would suggest a live bid threshold rate of 6.65¢ per kWh for 12 months to consider pursue renewing the Village's Electricity Aggregation Program. The break even point against Com Ed's rate including a 0.5� per kWh PEA credit is 6.685 per kWh. Further reducing the break even rate by 0.035 per kWh provides a slight additional buffer to ComEd rate changes while also being within reasonable market expectations. Potential savings based on the 6.65 per kWh rate are shown in Table 4: Electricity Cost/Saving Hypothetical Scenario. Table 4: Electricity Cost/Saving Hypothetical Scenario (based on 9,000 kWh/year) hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 3/5 5/22/2017 BoardDocs® Pro Rate Supply Cost 1 Supply Cost Cost Differential (C per kWh) Month 12 Months 12 Months 'Savines' Hypothetical Rate - Village 6.650 49.88 598.50 ComEd Rate Next 12 Months (NIMEC) 7.185 $53.85 $646.20 $48.15 ComEd PEA Fee +0.5C 7.685 $57.60 $691.20 $93.15 ComEd PEA Fee -0.5C 6.685 $50.1 $601.20 $3.15 File Attachments Attachment A NIMEC-MountProspect Bid Sheet 4.26.17.12df (96 KB) Attachment B ComEd Ratebook p559.560 4-2017.12df (67 KB) Attachment C ComEd Historical Prices-to-Compare.pdf (20 KB) Attachment D Rate Comparison Charts.pdf (78 KB) Attachment E Comparable NIMEC Municipalities' Electric Aggregation Program Status List.pdf (113 KB) Admin Content I provided additional context for the hypothetical rate discussed in the last paragraph and table 4. Executive Content In previous years the aggregation program allowed the Village to pass on approximately $3.OM in energy savings to our residents and small businesses. In recent years, energy pricing has normalized and Com Ed rates are very similar or lower to rates achieved in aggregation. Staff recommends suspending the electrical aggregation program. The potential cost savings is marginal at this time. The Board can reconsider this program in the future based on actual pricing data. Subject 4.2 Community Engagement Discussion Meeting May 9, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Category 4. DISCUSSION ITEMS Access Public Type Discussion Information In line with the Village Board's ongoing interest in outreach and transparency, staff has been working to explore ideas on expanding community engagement. A recent example of this creative engagement process is Talk & Chalk On Centennial Green, scheduled for June 3rd. In addition, staff continues outreach via online videos, social media shares, traditional advertising, and the hosting or cross promotion of local events. 'Talk & Chalk On Centennial Green' Talk & Chalk On Centennial Green' was an idea presented by Trustee Colleen Saccotelli that will serve as a forum for residents to meet one-on-one with trustees who are able to attend in an informal setting. This event is designed to offer residents an opportunity to share questions, concerns, comments and ideas with the Board. As with Coffee with the Council, staff would be able to participate, including beat officers, on duty firefighter -paramedics, the community engagement liaison, etc., and trustees who are available. Talk and Chalk can take the place of Coffee with Council or it can offer another opportunity for our community members to connect with the Village Board and staff. A unique aspect of this event is that it will take place outside on the Centennial Green and there will be a number of child - friendly activities, including sidewalk chalk, bubbles, and a coloring table. The event is taking place on Saturday, June 3 from 9 a.m. to 11 a.m. on the Centennial Green at Village Hall. Talk & Chalk has been marketed in the Newsletter and will appear within all Village communication vehicles, including website, Civic Events Sign, E -Newsletters, handouts, and more. hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 4/5 5/22/2017 BoardDocs® Pro Community Engagement is a growing part of the Village's communications efforts and community outreach. Here is an overview of Community Engagement activities that are currently underway within the Village's Communication's Department. YouTube Channel The Village is growing its YouTube channel by producing original, shorter videos for our residents. One recent example is our new show, '5 for 5,' which is a bi-weekly show that highlights the top 5 Village news and events in under 5 minutes. Community Engagement Liaison Marianthi Thanopoulos serves as the show's producer and host. We've received positive feedback from community members and business leaders. We are in season 2 of Dish'n Out Mount Prospect. Each show highlights 3 restaurants around town and appears on MPTV, the Village's YouTube channel, and Experience Mount Prospect. Expanding Marketing Efforts with a Deeper Economic Development Focus We are also expanding our marketing footprint to broaden our communication reach. Advertisements are being posted on a variety of platforms, including online and print. This type of engagement goes beyond our traditional approach. As a way of showcasing Mount Prospect as an ideal place for business, we are also utilizing Economic Development resources for this targeted outreach, which is ideal for our Centennial year. A most recent example of this type of targeted outreach will be evident in the Daily Herald's Mount Prospect Resident Guide; the Village will be promoted via a full page advertisement highlighting the opening of local businesses, new development, and local events. Earlier this year, ads were placed in the Journal Topics for our Centennial Gala and the Mount Prospect Entrepreneurs Initiative (MPSI). In addition, MPEI partnered with Crain's Business for Small Business Week, which took place May 1st — May 5th resulting in free advertising both in Crain's Chicago Business and on their website. Community Events We have also broadened our outdoor music and entertainment festivities. For our Centennial year, we've answered the residents' call for more outdoor events and added an extra concert in July, which serves as Centennial month. Cross Promotion of Local Organizations The Village has enhanced efforts to cross promote local events, programs, and resources. The Village utilizes Experience Mount Prospect's Community Calendar and Events E -Newsletter and social media to actively cross promote the Park Districts, Lions Club, Downtown Merchants Association, Chamber of Commerce, Historical Society and several local organizations. This will continue to grow with our new website features. Alternatives 1. Discuss current and potential opportunities for community engagement. 2. Action at discretion of Village Board. Staff Recommendation Staff recommends moving forward with the Talk & Chalk event on June 3rd. This will allow us the opportunity to test a more focused engagement format for young families. Admin Content AB: Since this is for informational and discussion purposes, should we delete the alternatives and staff recommendation sections from this memo's template? NB: I deleted the recommendation but completed the alternative. The board can always choose not to discuss the item. 5. MANAGER'S REPORT 6. ANY OTHER BUSINESS 7. ADJOURNMENT ANY INDIVIDUALWHO WOULD LIKE TO ATTEND THIS MEETING BUT BECAUSE OF A DISABILITY OR NEEDS SOME ACCOMODATION TO PARTICIPATE, SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE AT 847/392-6000, EXTENSION 5327 hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 5/5 5/22/2017 BoardDocs® Pro IN Agenda Item Details Meeting May 09, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Category 1. CALL TO ORDER Subject 1.1 Roll Call Access Public Type Procedural Public Content Administrative Content Executive Content hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 1 /1 5/22/2017 BoardDocs® Pro IN Agenda Item Details Meeting May 09, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. Category 2. APPROVAL OF COMMITTEE OF THE WHOLE MINUTES Subject 2.1 APPROVAL OF COMMITTEE OF THE WHOLE MINUTES FOR FEBRUARY 28, 2017 Access Public Type Action Public Content 2-28-2017 COW_Minutes(Need to be Approved).pdt (28 KB) Administrative Content Executive Content hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 1 /1 COMMITTEE OF THE WHOLE MINUTES February 28, 2017 CALL TO ORDER - ROLL CALL The meeting was called to order at 7:08 p.m. in the Village Board Room of the Village Hall, 50 South Emerson Street, by Mayor Pro Tem Colleen Saccotelli. Trustees present included Paul Hoefert, John Matuszak, Steven Polit, Richard Rogers, and Michael Zadel. Staff present included Village Manager Michael Cassady, Assistant to the Village Manager Nellie Beckner, Public Works Director Sean Dorsey, Finance Director David Erb, Public Works Deputy Director Jason Leib and Administrative Analyst Alexander Bertolucci. II. APPROVAL OF MINUTES Approval of Committee of the Whole Meeting Minutes for January 24, 2017. Motion made by Trustee Matuszak seconded by Trustee Rogers. Minutes were approved. III. CITIZENS TO BE HEARD None IV. SOLID WASTE CONTRACT EXTENSION Public Works Director Sean Dorsey stated the Village of Mount Prospect currently provides single family, multi -family, and commercial solid waste services, including refuse, recycling, and yard waste through two separate contracts. The residential contract encompasses all residential (single family and multi -family) solid waste services except refuse disposal. The second contract provides solid waste services including refuse disposal for all commercial properties. Both contracts were due to expire on 12/31/2015; however, the contract was extended to 12/31/2017 as part of an annexation agreement between the Village and Republic Services. Mr. Dorsey reviewed services provided within the current residential and commercial contracts. Mr. Dorsey stated staff solicited a proposal from Republic Services to extend or renew the existing exclusive residential and commercial solid waste contracts. Basic services negotiated are automated cart refuse & recycling collection for single family properties, yard waste collection & disposal user fee (sticker), multi -family refuse and recycling collection, commercial refuse & recycling collection and disposal, bagged leaf collection, unlimited brush collection, and construction material collection (up to 1 cubic yard). Also negotiated are provisions for services which can be implemented or stopped anytime during the renewed contract. These services include household appliance collection, backdoor service, yard waste subscription, special refuse pick-up (excessive garbage removal), roll -off services, and emergency refuse pick-up. Additional options available for the renewal are unlimited yard waste collection for all single-family properties (monthly flat fee applied to each single family household), electronic collection drop-off twice -a -year (monthly flat fee applied to each single family household), household Committee of the Whole Page 1 of 3 2/28/17 hazardous waste collection drop-off once -a -year (monthly flat fee applied to each single family household) and food scrap material collection (subscription based service). Mr. Dorsey provided an overview of the proposed negotiated rates. The proposed single family rates, not including additional services, are the lowest refuse and recycling rate of 14 Solid Waste Agency of Northern Cook County (SWANCC) surveyed communities. The proposed contract reflects a 16% reduction in combined refuse and recycling rates over current communities. The multi -family proposed rates are 44% lower than the mean of the 4 surveyed SWANCC member communities with the same fee structure (pricing according to container volume and frequency of service). The proposed commercial rates compared with existing contract rates provide a 2%-5% reduction in refuse collection and disposal rates depending upon container volume and frequency of service. He also stated that the contract proposes an annual escalator of 2'/4% fixed rate per year. The contract term is 10 years and would be retroactive to January 1, 2017 so if the contract was to be approved savings would be realized immediately. Overall, Republic Services proposed rates are the lowest among the five (5) SWANCC communities with comprehensive residential and commercial solid waste contracts. The following responses from Village staff and SWANCC Executive Director David Van Vooren were provided to questions from the Village Board: • Additional service options are available throughout the contract term. For example, if SWANCC stopped its electronic recycling program in two years then at that time the Village could enact the electronic recycling program option available through Republic. Additional and new optional services can be revisited later. • Residents would not need to purchase yard waste stickers with the unlimited yard waste collection option; however, a monthly flat fee would be applied to each single family household. Residents would still need to purchase yard waste bags. • The Village's electronic recycling provided by SWANCC runs April through October on Wednesday mornings. An available contract option provides electronic pick up two times a year that would likely be hosted on a Saturday with longer hours than the current program. • Food scrapes would be limited to fruits, vegetables and bread which would be incorporated into yard waste. • Yard waste collection is from April to December and after Thanksgiving there is no charge for bagged leaf collection. • Staff provided a summary of loose leaf collection operations and how existing equipment is more efficient than available replacements (pull behind vs vacuum systems). • Unlimited number of carts per household and people may request more carts if needed. • The backdoor pick up program includes going into the resident's backyard or garage to get the carts, disposing the trash and then returning carts to the backyard or garage. • Unlimited yard waste collection for all single-family properties with a monthly flat fee applied to each single family household. This would eliminate the need for Committee of the Whole Page 2 of 3 2/28/17 yard waste stickers. The proposed rate does not include wheeled yard waste toters. • There are options for curb side electronic and hazardous waste disposal. These services are expensive to provide due to costs associated with properly disposing and handling these materials. • Refuse bill is included with the utility bill and for residents served by Illinois American Water they receive a separate quarterly refuse bill from the Village. If direct billing was implemented then Republic would bill for services. Online payment is available and staff will review if a direct debit is available too. • Confirmed that the vendor uses certified recyclers. The electronic recycling program the Village offers is SWANCC sponsored and we have the downstream assurances. • Recycling is commodity driven and the Village could review with vendors to ensure market value, and provide opportunities to reopen discussion if market value was to change. Public Comment Bill Grossi Louis Goodman John Korn 1919 Burr Oak Drive 310 N. School Street 301 N. William The following responses from Village staff and SWANCC Executive Director David Van Vooren were provided to questions from the Public: • The additional programs rates are priced per household. We typically do not bill multifamily residence based on households, but we could review extending the rate if the programs are elected. • Garbage in dumpsters is generally considered refuse. Single family home roll off dumpsters are not governed by this contract, but commercial roll off dumpsters are covered in the existing and proposed contract. The single family homeowner can select a hauler that provides the most competitive roll off dumpster rates. It is the vendor's responsibility to verify the load and that the material in the dumpster is properly disposed. MANAGER'S REPORT None ANY OTHER BUSINESS None ADJOURNMENT The meeting adjourned at 8:10 p.m. Alexander Bertolucci Administrative Analyst Committee of the Whole Page 3 of 3 2/28/17 5/22/2017 BoardDocs® Pro Agenda Item Details Meeting Category Subject Access Type Recommended Action Public Content Information IN May 09, 2017 - COMMITTEE OF THE WHOLE AGENDA - 7:00 P.M. 4. DISCUSSION ITEMS 4.1 Electricity Aggregation Public Action, Discussion Discontinue the Village's Municipal Electricity Aggregation Program after the current electricity aggregation contract with Homefield Energy (Parent Corporation: Dynegy Energy) expires August 2017. Background In 2010, the Illinois legislature was changed to allow municipalities to seek competitive pricing of electricity for residents and small businesses. The intent was to use economies of scale (i.e. Village group rate) to pass on savings to individuals. Resident approval was required to pursue electric aggregation and Mount Prospect voted in favor of it on March 20, 2012 with 3,448 (58.64%) votes in support and 2,432 (41.36%) votes against. The Village contracted with FirstEnergy Solutions to lock in a rate of $0.0465 (4.650 per kilowatt hour (kWh) from August 2012 to August 2014. Com Ed's 'Price to Compare' rate averaged 6.73 per kWh for the same time period. In 2014 the Village renewed the electric aggregation program and entered into a three year contract with Homefield Energy (Parent Corporation: Dynegy Energy). The rates were as follows: August 2014 to August 2016 — 7.935 per kWh and from August 2016 to August 2017 — 7.499 per kWh. By October 2014 the Village was recommending residents to switch their electric supply back to Com Ed as their rate was lower by 0.5� per kWh. The Village locked in rates when the energy market was high during spring of 2014 and Com Ed was able to react to the market as it normalized and eventually dropped in the spring of 2016. Overall, the Village's electric aggregation program has saved the average household $140 and saved about $3 million village wide since August 2012. The Village has utilized the consulting services of Northern Illinois Municipal Electric Collaborative (NIMEC) since 2012 to assist the Village in coordinating its electricity aggregation program. Discussion The Village's contract with Homefield Energy ends August 2017 and a decision will be required to determine the near future of the Village's Electric Aggregation Program. Staff requested NIMEC to solicit indicative rates for the Village and the bids were returned Wednesday, April 26, 2017. NIMEC requested the electricity suppliers provide indicative rates with a high degree of confidence that rates would be representative of a live bid. Rates provided can only be held for 24 hours since the energy market is reactive similar to the stock market. A live bid could provide a chance that the rate be a bit lower or higher than the indicative rates depending on the market at that time. Retail electricity suppliers use the Village's Community Usage Profile to determine their proposed rates. The lowest indicative rate received is 6.770 cents per kWh for 15 months from Dynegy. Please see Attachment A: NIMEC/Mount Prospect Bid Sheet April 26, 2017 for complete results. NIMEC used Com Ed's Schedule of Rates for Electric Service document which is updated monthly to estimate Com Ed's rate at 7.18¢ per kWh for the next 12 months. The ComEd rate published in April 2017 would lock in the Summer Rate (May 2017 through September 2017). While the Winter Rate (October 2017 through May 2018) at this time is based on 75% of the purchased required electricity load. Attachment B provides Com Ed's Purchased Electricity Charges (page 559) and PJM Services Charges (page 560) sheets filed with the Illinois Commerce Commission on April 10, 2017. These pages are directly from Com Ed's aforementioned rate document. Table 1: Com Ed's Schedule of Rates for Electric Service uses the Com Ed rate sheets to present Com Ed's rates from June 2017 through May 2018. Table 1: ComEd's Schedule of Rates for Electric Service (Effective 4/11/2017 hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 1/4 5/22/2017 OTE: 'Price to Compare' rate does not account for ComEd's Monthly Purchase Electricity Adjustment )at can be a credit or charge up to 0.5C per kWh. Table 2: Electricity Cost/Savings Projection uses the average annual single family household kWh usage (about 9,000 kWh) to project how the expected ComEd and lowest indicative rate compare against each other. For reference, Mount Prospect small business accounts average around 200 and they use an average 9,385 kWh annually. The term Purchase Electricity Adjustment (PEA) is used in the table below and it provides ComEd the ability to adjust rates monthly up to +/-0.5¢ per kWh to ensure customers pay the actual cost of purchased electricity. The municipal electricity aggregation rate is not subject to the PEA and neither are accounts with alternative retail electric suppliers. Table 2: Electricity Cost/Savings Projection (based on 9,000 kWh/year) BoardDocs® Pro Cost Differential Purchased Purchase Price to Electricity Service Charge Compare Rate 12 Months Charge (C per kWh) (C per kWh) 'Savings' Lowest Indicative Rate -Village (C per kWh) $51.38 $616.50 Nonsummer 7.185 $53.89 $646.65 January 2017 through May 2017 ComEd PEA Fee +0.5C 5.055 1.263 6.318 $82.35 (Current) 6.685 $50.14 $601.65 June 2017 through May 2018 Summer 5.616 1.388 7.004 Nonsummer 5.888 1.388 7.276 ComEd Rate Next 12 Months (NIMEC) I I I 1 7.185 OTE: 'Price to Compare' rate does not account for ComEd's Monthly Purchase Electricity Adjustment )at can be a credit or charge up to 0.5C per kWh. Table 2: Electricity Cost/Savings Projection uses the average annual single family household kWh usage (about 9,000 kWh) to project how the expected ComEd and lowest indicative rate compare against each other. For reference, Mount Prospect small business accounts average around 200 and they use an average 9,385 kWh annually. The term Purchase Electricity Adjustment (PEA) is used in the table below and it provides ComEd the ability to adjust rates monthly up to +/-0.5¢ per kWh to ensure customers pay the actual cost of purchased electricity. The municipal electricity aggregation rate is not subject to the PEA and neither are accounts with alternative retail electric suppliers. Table 2: Electricity Cost/Savings Projection (based on 9,000 kWh/year) In theory the lowest indicative rate could potentially save residents who use 9,000 kWh over 12 months about $37 or $3.11 per month. However, the June 2017 through May 2018 nonsummer rate may change since ComEd still needs to purchase the remaining 25% electricity load. Additionally, slight rate adjustments are possible in January and September. The calculated potential savings are dependent on Com Ed's Price to Compare' rate and PEA being on average at least 0.415 per kWh higher than the Village's rate. Com Ed's Historical Prices to Compare' are attached as Attachment C for reference. When municipal electricity aggregation programs started in 2011 and 2012 ComEd was bound by long term contracts which limited opportunity to have rates that more closely tracked the market in comparison to the alternative electricity retail suppliers that entered the Illinois market at that time. This created the opportunity for municipal electric aggregation programs to receive clearly advantageous rates lower than ComEd. Com Ed's rates are more market competitive since their legacy contracts expired. This is also why a shorter term (12 months) electricity aggregation program renewal would be more advantageous than a three year term (36 months) like the previous contract. Please see Attachment D for rate comparison charts that track Mount Prospect's rate against Com Ed's rate from September 2012 to May 2017. Some municipalities as early as 2014 were not renewing their electricity aggregation programs and returning residents and small businesses back to ComEd. We have been recommending residents to switch back to ComEd since October 2014 and to date one third or about 4,666 accounts that originally participated have opted out of the current aggregation program. This February, the Northwest Suburban Electricity Aggregation Consortium which includes the Village's comparable communities of Arlington Heights, Buffalo Grove, Palatine, and Wheeling decided to suspend their electric aggregation program. NIMEC reports that the consortium received an indicative rate of 6.750 kWh from Dynegy Energy and decided not to pursue a contract. Table 3: Comparable & NIMEC Municipalities' Electric Aggregation Program Status List is attached (Attachment E) and lists the current state of comparable municipalities' electricity aggregation programs and NIMEC's recently renewed contracts with rates. hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 2/4 Cost Differential Rate Supply Cost 1 Supply Cost (C per kWh) Month 12 Months 12 Months 'Savings' Lowest Indicative Rate -Village 6.770 $51.38 $616.50 ComEd Rate Next 12 Months (NIMEC) 7.185 $53.89 $646.65 $37.35 ComEd PEA Fee +0.5C 7.685 $57.64 $691.65 $82.35 ComEd PEA Fee -0.5C 6.685 $50.14 $601.65 -$7.65 In theory the lowest indicative rate could potentially save residents who use 9,000 kWh over 12 months about $37 or $3.11 per month. However, the June 2017 through May 2018 nonsummer rate may change since ComEd still needs to purchase the remaining 25% electricity load. Additionally, slight rate adjustments are possible in January and September. The calculated potential savings are dependent on Com Ed's Price to Compare' rate and PEA being on average at least 0.415 per kWh higher than the Village's rate. Com Ed's Historical Prices to Compare' are attached as Attachment C for reference. When municipal electricity aggregation programs started in 2011 and 2012 ComEd was bound by long term contracts which limited opportunity to have rates that more closely tracked the market in comparison to the alternative electricity retail suppliers that entered the Illinois market at that time. This created the opportunity for municipal electric aggregation programs to receive clearly advantageous rates lower than ComEd. Com Ed's rates are more market competitive since their legacy contracts expired. This is also why a shorter term (12 months) electricity aggregation program renewal would be more advantageous than a three year term (36 months) like the previous contract. Please see Attachment D for rate comparison charts that track Mount Prospect's rate against Com Ed's rate from September 2012 to May 2017. Some municipalities as early as 2014 were not renewing their electricity aggregation programs and returning residents and small businesses back to ComEd. We have been recommending residents to switch back to ComEd since October 2014 and to date one third or about 4,666 accounts that originally participated have opted out of the current aggregation program. This February, the Northwest Suburban Electricity Aggregation Consortium which includes the Village's comparable communities of Arlington Heights, Buffalo Grove, Palatine, and Wheeling decided to suspend their electric aggregation program. NIMEC reports that the consortium received an indicative rate of 6.750 kWh from Dynegy Energy and decided not to pursue a contract. Table 3: Comparable & NIMEC Municipalities' Electric Aggregation Program Status List is attached (Attachment E) and lists the current state of comparable municipalities' electricity aggregation programs and NIMEC's recently renewed contracts with rates. hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 2/4 5/22/2017 BoardDocs® Pro Alternatives 1. Discontinue the Village's Municipal Electricity Aggregation Program after the current electricity aggregation contract with Homefield Energy (Parent Corporation: Dynegy Energy) expires in August 2017. 2. Proceed to the June 6 Village Board meeting, NIMEC would conduct a live bid on June 6 and the Village Board decides the future of program based on live bid results. 3. Action at discretion of Village Board. Staff Recommendation Staff recommends suspending the Village's electricity aggregation program considering the marginal and potential for savings against Com Ed's expected 'Price to Compare' rate. Com Ed's rates have proven to be competitive with alternative retail electricity supplier rates as of late. Also, it is unlikely that the Village would receive a guarantee from a supplier to permit the Village as a whole to opt out if Com Ed's rate was to drop below the aggregated rate. If the Village was to receive this guarantee, then the electricity rate would be higher reducing value and potential savings. Staff would entertain revisiting the program in a year with the option of receiving updated indicative rates depending on the market. The Village has advised residents to switch back to ComEd since October 2014 when the Village's electricity aggregation rate has been higher (April 2017 was 1.181 per kWh higher) than Com Ed's rate not including PEA. If the Village was to enter into a new electricity aggregation contract, the new rate should be clearly beneficial with sufficient value to explain the Village switching directions. However, if there is interest in proceeding with the program at this time, then staff would suggest a live bid threshold rate of 6.65 per kWh for 12 months to consider pursue renewing the Village's Electricity Aggregation Program. The break even point against Com Ed's rate including a 0.54 per kWh PEA credit is 6.685 per kWh. Further reducing the break even rate by 0.035¢ per kWh provides a slight additional buffer to ComEd rate changes while also being within reasonable market expectations. Potential savings based on the 6.654 per kWh rate are shown in Table 4: Electricity Cost/Saving Hypothetical Scenario. Table 4: Electricity Cost/Saving Hypothetical Scenario (based on 9,000 kWh/year) Attachment A_NIMEC-MountProspect Bid Sheet 4.26.17.pdf (96 KB) Attachment B_ComEd—Rate boo k_p559.560_4-2017.pdf (67 KB) Attachment C_ComEd_Historical_Prices-to-Compare.pdf (20 KB) Attachment D_ Rate Comparison Charts.pdf (78 KB) Attachment E_Comparable NIMEC Municipalities' Electric Aggregation Program Status List.pdf (113 KB) Administrative Content I provided additional context for the hypothetical rate discussed in the last paragraph and table 4. hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 3/4 Cost Differential Rate Supply Cost 1 Supply Cost (C per kWh) Month 12 Months 12 Months 'Savings' Hypothetical Rate - Village 6.650 49.88 598.50 ComEd Rate Next 12 Months (NIMEC) 7.185 $53.85 $646.20 $48.15 ComEd PEA Fee +0.5C 7.685 $57.60 $691.20 $93.15 ComEd PEA Fee -0.5C 6.685 $50.1 $601.20 $3.15 Attachment A_NIMEC-MountProspect Bid Sheet 4.26.17.pdf (96 KB) Attachment B_ComEd—Rate boo k_p559.560_4-2017.pdf (67 KB) Attachment C_ComEd_Historical_Prices-to-Compare.pdf (20 KB) Attachment D_ Rate Comparison Charts.pdf (78 KB) Attachment E_Comparable NIMEC Municipalities' Electric Aggregation Program Status List.pdf (113 KB) Administrative Content I provided additional context for the hypothetical rate discussed in the last paragraph and table 4. hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 3/4 5/22/2017 Executive Content BoardDocs® Pro In previous years the aggregation program allowed the Village to pass on approximately $3.OM in energy savings to our residents and small businesses. In recent years, energy pricing has normalized and Com Ed rates are very similar or lower to rates achieved in aggregation. Staff recommends suspending the electrical aggregation program. The potential cost savings is marginal at this time. The Board can reconsider this program in the future based on actual pricing data. hftps://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login# 4/4 I- 14 R 1 a IT o V W ads D IL �,. U) Q) V) V) Q) O it W,lZ � Q, h I I F O U' N CJ f7 0 N �I I � LL. 0 a 0. O v> d G� 0 rf � Z N OO 1 a IT ads D Q) V) V) Q) O Z CO3 Z U' O v> Z N OO O O Cfl O O Z Z Z E M Z Z +J U N lzl- N N' L o o o.R o o o�o o a 3' 0 f` Ln M N U -)N o M fV N 00 NM Ln C9 o fV M 00 o Cn 0 0 M L to L N 00 L (n r,L to C 9 L N L (n L M Ca m .. M m m .. m CO .. M m m .. M m m C6 C6 N C7 N C7 N C7 N C7 (U C7 N N U 0'C6 U + L CQ U +, C6 U +, L C6 U +, L CQ U 4-1L L O ca + O h m +- O:3 CZ+ O 3 M+ O O m +- O:3 Ca +- U Z Z O U Z Z O U Z Z O U Z Z O U Z Z O U Z Z O 41 0 m (U Lo Q) Q) a) Q) a) a) m cn O vis, M0,,0 � O 0 O 0 0 i37 J 0 0 —0 0 0 O 0 � I` 0 0 _ O ti O O M M Lo .. M �I m .moip M Q OLn a� c C C ;� C o i-. LU O C O O N N Li- rn C LL a' C L A %, %N !E C s a) U r �>- Ln s o - 4.1> a > x Lu w z z z a Li -`. N as LL s E LU 44s 44� H LU V) ELo 0 0 0 o r- 0 0 0 0 0 0 0 �i le 00 00 r- a N r, a Q Lo a) a O0') 0 Q i O M M CT r- N Z 00 a) � � M� Z N �', N N N CD '...... N Cn � CO N M N M N M N M >> C >1 N C 4O + 7 O LU O U CLaO+ C W (D V) (n N N > E W U W E +O+ _U c c W y 6 N Q Q E U U U u) ii V Z Attachment B ILL. C. C. No. 10 Commonwealth ELECTRICITY 36th Revised Informational Sheet No. 1 Edison Company (Canceling 35th Revised Informational Sheet No. 1) PURCHASED ELECTRICITY CHARGES Supplement to Rate BES and Rider PE (1) NOTES: (1) This informational sheet is supplemental to Rate BES - Basic Electric Service (Rate BES) and Rider PE - Purchased Electricity (Rider PE). (2) PECs are designated on retail customer bills as the Electricity Supply Charge pursuant to Rate BES. (3) PECs include Supply Base Uncollectible Cost Factors (Supply BUFs) as listed in Informational Sheet No. 21. (4) PECs incorporate Incremental Supply Uncollectible Cost Factors (ISUFs) as listed in Informational Sheet No. 20, which include a Supply Balancing Factor (SBF) in accordance with the provisions of Rider OF - Uncollectible Factors (Rider UF). (5) PECs incorporate the results of the Fall 2016 Procurement Event approved by the Illinois Commerce Commission (ICC) on September 16, 2016. (6) The Summer PECs are not applicable in the January 2017 through May 2017 timeframe. (7) PECs incorporate the results of the Spring 2017 Procurement Event approved by the ICC on April 7, 2017. Filed with the Illinois Commerce Commission on Date Effective: April 11, 2017 April 10, 2017. Issued by A. R. Pramaggiore, President and CEO Post Office Box 805379 Chicago, Illinois 60680-5379 Purchased Electricity Charges (PECs) Applicable for the Customer Group or Subgroup Units January 2017 Monthly Billing Period and Extending Through the May 2017 Monthly Billing Period (2) (3) (4) (5) Summer PEC (6) Nonsummer PEC Residential 0/kWh 4.846 5.055 Watt-hour Non -Electric Space Heating 0/kWh 4.960 5.124 Demand Non -Electric Space Heating 0/kWh 4.933 5.116 Nonresidential Electric Space Heating 0/kWh 4.496 4.958 Dusk to Dawn Lighting /kWh 1.877 2.241 General Lighting /kWh 4.453 4.885 NOTES: (1) This informational sheet is supplemental to Rate BES - Basic Electric Service (Rate BES) and Rider PE - Purchased Electricity (Rider PE). (2) PECs are designated on retail customer bills as the Electricity Supply Charge pursuant to Rate BES. (3) PECs include Supply Base Uncollectible Cost Factors (Supply BUFs) as listed in Informational Sheet No. 21. (4) PECs incorporate Incremental Supply Uncollectible Cost Factors (ISUFs) as listed in Informational Sheet No. 20, which include a Supply Balancing Factor (SBF) in accordance with the provisions of Rider OF - Uncollectible Factors (Rider UF). (5) PECs incorporate the results of the Fall 2016 Procurement Event approved by the Illinois Commerce Commission (ICC) on September 16, 2016. (6) The Summer PECs are not applicable in the January 2017 through May 2017 timeframe. (7) PECs incorporate the results of the Spring 2017 Procurement Event approved by the ICC on April 7, 2017. Filed with the Illinois Commerce Commission on Date Effective: April 11, 2017 April 10, 2017. Issued by A. R. Pramaggiore, President and CEO Post Office Box 805379 Chicago, Illinois 60680-5379 PECs Applicable Beginning with the Customer Group or Subgroup Units June 2017 Monthly Billing Period and Extending Through the May 2018 Monthly Billing Period 2 3 4 7 Summer PEC Nonsummer PEC Residential 0/kWh 5.616 5.888 Watt-hour Non -Electric Space Heating 0/kWh 5.727 5.964 Demand Non -Electric Space Heating /kWh 5.697 5.956 Nonresidential Electric Space Heating /kWh 5.227 5.763 Dusk to Dawn Lighting /kWh 2.182 2.605 General Lighting /kWh 5.176 5.680 NOTES: (1) This informational sheet is supplemental to Rate BES - Basic Electric Service (Rate BES) and Rider PE - Purchased Electricity (Rider PE). (2) PECs are designated on retail customer bills as the Electricity Supply Charge pursuant to Rate BES. (3) PECs include Supply Base Uncollectible Cost Factors (Supply BUFs) as listed in Informational Sheet No. 21. (4) PECs incorporate Incremental Supply Uncollectible Cost Factors (ISUFs) as listed in Informational Sheet No. 20, which include a Supply Balancing Factor (SBF) in accordance with the provisions of Rider OF - Uncollectible Factors (Rider UF). (5) PECs incorporate the results of the Fall 2016 Procurement Event approved by the Illinois Commerce Commission (ICC) on September 16, 2016. (6) The Summer PECs are not applicable in the January 2017 through May 2017 timeframe. (7) PECs incorporate the results of the Spring 2017 Procurement Event approved by the ICC on April 7, 2017. Filed with the Illinois Commerce Commission on Date Effective: April 11, 2017 April 10, 2017. Issued by A. R. Pramaggiore, President and CEO Post Office Box 805379 Chicago, Illinois 60680-5379 Attachment B ILL. C. C. No. 10 Commonwealth ELECTRICITY 28th Revised Informational Sheet No. 2 Edison Company (Canceling 27th Revised Informational Sheet No. 2) PJM SERVICES CHARGES Supplement to Rate BES and Rider PE (1) Customer Group or Subgroup Units PJM Service Charges (PSCs) Applicable with the January 2017 Monthly Billing Period and Extending Through the May 2017 Billing Period (2) (3) (4) Residential 0/kWh 1.263 Watt-hour Non -Electric Space Heating 0/kWh 1.244 Demand Non -Electric Space Heating 0/kWh 1.244 Nonresidential Electric Space Heating /kWh 1.244 Dusk to Dawn Lighting 0/kWh 1.221 General Lighting /kWh 1.221 Customer Group or Subgroup Units PSCs Applicable Beginning with the June 2017 Monthly Billing Period and Extending Through the May 2018 Monthly Billing Period (2) (3) (4) Residential 0/kWh 1.388 Watt-hour Non -Electric Space Heating 0/kWh 1.368 Demand Non -Electric Space Heating 0/kWh 1.368 Nonresidential Electric Space Heating 0/kWh 1.368 Dusk to Dawn Lighting 0/kWh 1.343 General Lighting /kWh 1.343 NOTES: (1) This informational sheet is supplemental to Rate BES - Basic Electric Service (Rate BES) and Rider PE - Purchased Electricity (Rider PE). (2) PSCs are designated on retail customer bills as the Transmission Services Charge pursuant to Rate BES. (3) PSCs include Supply Base Uncollectible Cost Factors (Supply BUFs) listed in Informational Sheet No. 21. (4) PSCs incorporate Incremental Supply Uncollectible Cost Factors (ISUFs) listed in Informational Sheet No. 20. Filed with the Illinois Commerce Commission on Date Effective: April 11, 2017 April 10, 2017. Issued by A. R. Pramaggiore, President and CEO Post Office Box 805379 Chicago, Illinois 60680-5379 Attachment C ComEd Historical Prices -to -Compare Information from Pluginlllinois.org Prices in cents per kWh Month Residential Non -Space Heat Residential Space Heat PEA Jun -11 7.921 6.457 0.500 Jul -11 7.921 6.457 0.500 Aug -11 7.921 6.457 0.500 Sep -11 7.901 6.441 0.500 Oct -11 7.773 5.073 0.500 Nov -11 7.773 5.073 0.180 Dec -11 7.773 5.073 -0.151 Jan -12 7.773 5.073 0.470 Feb -12 7.773 5.073 0.500 Mar -12 7.773 5.073 0.500 Apr -12 7.773 5.073 0.500 May -12 7.773 5.073 0.500 Jun -12 6.997 6.638 0.500 Jul -12 6.932 6.638 0.500 Aug -12 6.932 6.638 0.500 Sep -12 6.935 6.641 0.500 Oct -12 8.324 6.473 0.500 Nov -12 8.319 6.497 0.500 Dec -12 8.319 6.497 0.118 Jan -13 8.302 6.273 -0.094 Feb -13 8.302 6.273 0.500 Mar -13 8.302 6.273 -0.500 Apr -13 8.302 6.273 -0.500 May -13 8.302 6.273 -0.500 Jun -13 5.511 N/A* -0.500 Jul -13 5.511 0.321 Aug -13 5.511 0.500 Sep -13 5.544 0.500 Oct -13 5.505 0.500 Nov -13 5.505 0.500 Dec -13 5.505 0.500 Jan -14 5.523 0.500 Feb -14 5.523 0.500 Mar -14 5.523 0.500 Apr -14 5.523 0.442 May -14 5.523 0.500 Jun -14 7.596 -0.500 Jul -14 7.596 -0.500 Aug -14 7.596 -0.500 Sep -14 7.665 -0.361 Oct -14 7.487 -0.500 Nov -14 7.43 -0.500 Dec -14 7.43 -0.500 Jan -15 7.572 -0.500 Feb -15 7.572 -0.500 Mar -15 7.572 -0.500 Apr -15 7.572 0.500 May -15 7.572 0.500 Jun -15 7.033 -0.058 Jul -15 7.033 -0.386 Aug -15 7.033 0.147 Sep -15 6.977 -0.395 Oct -15 7.006 -0.285 Nov -15 7.006 -0.214 Dec -15 7.006 -0.500 Jan -16 6.987 -0.500 Feb -16 6.987 -0.475 Mar -16 6.987 -0.357 Apr -16 6.987 -0.441 May -16 6.987 -0.189 Jun -16 6.19 0.007 Jul -16 6.19 0.269 Aug -16 6.19 0.071 Sep -16 6.2 0.080 Oct -16 6.388 -0.500 Nov -16 6.388 -0.500 Dec -16 6.388 -0.500 Jan -17 6.318 -0.500 Feb -17 6.318 -0.500 Mar -17 6.318 -0.133 Apr -17 6.318 -0.500 As of June 2013, there is no longer a separate electric supply rate for GomEd space heating customers. 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Attachment E Table 3: Comparable & NIMEC Municipalities' Electric Aggregation Program Status List Municipality Program Status (Expires or Expired) Rate (in G per kWH) Supplier Comparable Communities Arlington Heights^ May -17 n/a Buffalo Grove May -17 n/a Des Plaines N/A - No Program n/a Elk Grove Expired n/a Glenview May -16 n/a Hoffman Estates Aug -17 6.177 Dynegy Palatine" May -17 n/a Rolling Meadows Jul -17 6.549 Constellation Wheeling^ May -17 n/a NIMEC Recently Renewed Contracts Maine Township Oct -18 6.710 Dynegy Orland Park May -18 6.930 Dynegy West Chicago Oct -18 6.710 Dynegy Gurnee Jul -18 6.890 MC Squared South Elign Oct -18 7.053 Dynegy Crystal Lake Oct -18 6.748 Dynegy Zion Jul -18 6.590 MC Squared Orland Township Jun -18 6.983 Dynegy Libertyville Jul -18 6.658 Dynegy For Reference ComEd Current 6.318 ComEd NIMEC Estimate 7.185 Mount Prospect's Lowest Indicative Rate 6.7701 Dynegy