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A Resolution Approving an Extended Term and Special Services Agreement Amendment No. 5 with MC Squared Energy Services, LLC for the Oak Park Community Choice Aggregation Program through December 2028 and Authorizing Its Execution
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Introduction
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A resolution approving an extended term and special services agreement amendment No. 5 with MC Squared Energy Services, LLC for the Oak Park Community Choice Aggregation program through December 2028 and authorizing its execution.
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Recommended Action
Staff recommend adopting the resolution.
Prior Board Action
The Board has taken the following prior actions:
* On October 3, 2022, the Board approved extending the term of the Special Services Agreement with MC Squared Energy Services through December 2025.
* On July 23, 2018, the Village Board approved an Electric Power Supply Contract with MC Squared, which was extended on July 22, 2019, August 2, 2021, and April 11, 2022.
* In January 2011 the Village Board approved placing a municipal aggregation referendum on the April 5, 2011, ballot; the measure passed with a 66% approval rating. The Board approved the Community Choice Aggregation program on September 26, 2011.
Background
The Village of Oak Park issued a Request for Proposals for Electricity Aggregation Procurement on July 25, 2025. One proposal was received by the deadline of August 8, 2025. The Village issued an addendum to the RFP on August 22, extending the deadline to September 3, 2025. No additional proposals were received.
MC Squared Energy Services, LLC (MC2) is the current power supplier of the Village's Community Choice Aggregation (CCA) program. Beginning in January 2023, the civic contribution was set at a minimum of $2,500/month with an additional value of $0.50 for each account served by MC2 above a base volume of 5,000 accounts served. The CCA is an opt-out program, meaning that selected eligible electricity customers are enrolled automatically ...
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