Proof? A recent ICC report shows that customers with ComEd, the regulated utility, saved $73.4 million more than customers with alternative electric suppliers from May 2014 to May 2015,. That’s a far cry from just two years ago, when consumers saved $257.5 million more with alternative suppliers.
That’s why we’re launching the CUB Power Calculator today to help you decide if you’ll save more money with an alternative supply offer, or with the regulated utility over the summer.
In a few steps, the calculator allows you to enter the electric supply rate you wish to compare to the ComEd or Ameren price, any extra monthly fees, and your estimated monthly electricity usage from June 2015 to September 2015. (The tool, for now, only calculates summer months since utility rates are not known beyond September 2015.)
Once you input the key information, the calculator then shows whether you’ll save more with the alternative supplier’s offer or ComEd, and the accumulated savings estimate for the summer.
Give it a spin— the tool is simple to use and, like all of CUB’s services, free.