Mayor Emanuel announces new electricity savings deal for residents

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Mayor Rahm Emanuel announced Sunday that he has negotiated an electricity rate that is expected to save up to $24 million for Chicago residents and small businesses.

The deal is in partnership with Integrys Energy Services, for the second half of the City’s aggregation agreement.

Starting in May, Emanuel says customers will begin to see an average annual savings of $34, compared to the ComEd rate.

Chicago is the largest city in the country to buy electricity in bulk for its residents and businesses.

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