| Myth | Reality |
| Naperville’s current electricity provider is less expensive than what other communities are paying. | In all but one year in the past 10, the price Naperville paid IMEA, Naperville’s current electricity provider, was higher than the wholesale price our grid provider, PJM, charged. Naperville could have saved $300 million over the past 10 years if it hadn’t been locked into the IMEA contract. |
The IMEA costs are available in the IMEA presentation to the Naperville Public Utility Advisory Board https://naperville.legistar.com/LegislationDetail.aspx?ID=7148664&GUID=5D7E505D-6C2B-4B9D-8BA5-EB892D848089&Options=&Search= on slide 4.
The PJM costs are available from the NEST presentation to the Naperville Public Utility Advisory Board at https://naperville.legistar.com/LegislationDetail.aspx?ID=7290411&GUID=2A7E2951-A1F9-4CDF-81E0-4B64974B4D18&Options=&Search= in the presentation on slide 32 of their presentation. You can compare live PJM prices to the prices IMEA provided via this link: https://www.gridstatus.io/live/pjm