The following post is copied from reddit by permission. It’s important information that you have to act on (or not act on) by Monday 3/31/14 in order to avoid having to pay a new monthly fee on your electric bill. It explains the issues is a succinct manner that I am never able to match.
The last day for residents of the City of Chicago to opt out of the city’s electric supply agreement with Integrys is Monday March 31, 2014. Feel free to copy, share, and repost.
**What will happen if I don’t opt out?
If you are currently an Integrys customer, you will remain an Integrys customer.
If you are currently a ComEd customer, the Electric Supply Services portion of your electric bill will be switched to Integrys.
In either case a new monthly fee, in addition to all the fees currently appearing on your bill, will be added to your bill every month starting in June. The fee will be $22.36 per month for single family homes and $9.06 per month for units in multi-family homes. In addition, you will be charged 5.299 cents per kWh for all electricity used.
What will happen if I do opt out?
If you are currently a ComEd customer, you will remain a ComEd customer.
If you are currently an Integrys customer, the Electric Supply Services portion of your electric bill will be switched to ComEd.
In either case, ComEd will charge you an estimated 7.7 cents per kWh for your electric supply services (the exact rate will be announced in May). There will be no new monthly fees, but all the other fees on your electric bill will remain unchanged.
**Is the proposed Integrys monthly fee of $22.36 or $9.06 a replacement for the ComEd Customer Charge currently on my bill?
No. It is a new fee in addition to the ComEd Customer Charge.
Can I benefit from opting out?
If the 7.7 cent rate projection for ComEd is accurate, you will benefit from opting out if your monthly electric usage is less than 931 kWh in a single family home or 377 kWh in a non-single family home.
What happens if I miss the deadline to opt out?
You can call ComEd or another electric supply services supplier to switch any time. But you will probably have to pay one or more monthly fees to Integrys.
What if my current electric supply services supplier is not ComEd or Integrys? What if I live in the suburbs?
None of this applies to you. You will keep your supplier.
How do I opt out?