Electric Rates Scam

Buyer beware when it comes to the Chicago electric service change. The city’s power deal with Constellation Energy expires in August and 700,000 customers who had signed up with the city are being sent back to ComEd.

Jim Chilsen, Communications Director of the Citizens Utility Board, warns of people telephoning you or even coming to your door asking to see your electric bill so they can check if you qualify for their low rates. They will switch you to another company without your knowledge, a process called slamming. Seniors often are targeted. If anyone should get into our building and come to your door, call the doorman and report as much information about that person as possible.

There are legitimate companies who will give you good rates. But do not deal with this over the phone or at your door. Before you decide on a supplier, ask them:

  • What is the rate they are offering (in writing) and how does it compare to ComEd?
  • Is the rate a variable one that will change on a monthly basis or is it fixed for a certain period of time?
  • Is there a monthly fee?
  • Is there an exit fee for getting out of the contract early?

Do your homework, check rates, read the fine print, and ask questions before you give over ANY information.


Hans Herrmann of energy.me is not allowed to sign up new participants from 345 because we are not an all-electric building, but Management is checking into other companies and may ask one to come by the building for a presentation to residents.


The next regularly scheduled Board of Directors Meeting will be held on Wednesday, September 16, 2015, at 7:00 PM in the Board Meeting Room in the West Tower sub-basement.