ComEd Rates Could Double. Is La Grange Jumping on the Aggregation Bandwagon Just in Time?

UPDATE 6 p.m.: The city of Chicago passed a resolution today to put electrical aggregation on the city's November 6 ballot. Chicago voters will have to decide whether the city should negotiate a better rate for them on electricity.

An article published in the Chicago Tribune on Tuesday indicates that the village of La Grange might be moving forward on electrical aggregation just in time.

Trustees in La Grange of putting a referendum on the November ballot in La Grange asking residents if the village should solicit bids from electrical aggregators on their behalf. The village of La Grange Park , and residents will see a saving of about 40 percent on their electric bills—over $340 a year.

According to the article in the Tribune, if the city of Chicago ditches ComEd for an aggregator, ComEd will lose about 70 percent of their customers in Illinois. The city is scheduled to vote on the issue today and the level of support seems as popular as it has been with suburban communities.

The article states ComEd isn't all that worried about losing their customers. The company will still be making lots of money by charging distribution fees—which they will continue to do, regardless of what company customers purchase their electricity from. However, if Chicago decides to go elsewhere, customers who stick with ComEd will likely see their rates double, as they bare the burden of ComEd's customer loss as the company sells excess electricity at a loss. 

If La Grange trustees approve a resolution to put the issue of electrical aggregation on the November ballot, how would you vote?