26 hours ago

Updated 1 hour ago

Integrys Energy, I'm opting out, here's why

I thought it was odd that the city opted me IN automatically for a new energy supplier, Integrys, so I did a little math to make sure the deal was right for me. Here it is:

Integrys Energy
Flat Fee: $9.06 (Since I'm in a multi-family condo building, it would be $22.36 for a single family home. This rate is subject to arbitrary monthly increases.)
Per kWh: $.05299

ComEd (no flat fee)
Supply Charge: .04604 per kWh
Transmission Service Charge:...

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I thought it was odd that the city opted me IN automatically for a new energy supplier, Integrys, so I did a little math to make sure the deal was right for me. Here it is:

Integrys Energy
Flat Fee: $9.06 (Since I'm in a multi-family condo building, it would be $22.36 for a single family home. This rate is subject to arbitrary monthly increases.)
Per kWh: $.05299

ComEd (no flat fee)
Supply Charge: .04604 per kWh
Transmission Service Charge: .00919 per kWh
Purchased Electricity Charge: .005 per kWh (this fluctuates but has never been more than .005 per kWh for me, so I'm using the highest number I have)
Total Per kWh: .06023 per kWh (This is the current price subject to market-based increases)

So say you use 500 kWh one month.
With ComEd your supply charges would be .06023 x 500 = $30.12.
With Integrys your supply charges would be .05299 x 500 = 26.495 + 9.06 = $35.56

To get the breakeven point, change the 500 to 1250 kWh and you get about the same bill from each company at current prices ($75.29 vs $75.30). I don't know about you, but I'll never use 1250 kWh in a month.

So I thought, maybe there's an environmental benefit since they claim our energy will be sourced from non-coal, such as wind and nuclear. Looking at their Environmental Disclosure (which every energy company must submit to the state), the company as a whole gets 51% of their energy from coal. ComEd only gets 44% from coal.

Links to both Environmental Disclosures:
Integrys disclosure: http://www.icc.illinois.gov/downloads/public/filing/2/12/13/20691.pdf
ComEd disclosure: https://www.comed.com/Documents/about-us/environmental-commitment/Environmental_Disclosure_Ending%202013012.pdf

So I will be calling Integrys and opting out today. You have until April 21st, contrary to what their document says. Here's Integrys Energy's number if you want to chat with them: (888) 802-2885

Do your own research to see if it's right for you, I just wanted to share my research.

  • Thanks!

  • Jeanne K. 5 year neighbor

    Thought it was fishy too, but I hadn't yet sat down to "do the math"- thank you for taking the time to share this with everyone on Everyblock. I also wondered who got the kickback from the city signing up with Intergrys... out of all the new electric brokers, why this one?

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