NIMEC is an electric purchasing collaborative of 140 municipal and other government entities that “band together to drive down pricing.” When NIMEC aggregates its members’ electric load, it is able to leverage the higher volume and negotiate more aggressive pricing from our suppliers.

NIMEC was formed in response to the deregulation of electricity in the State of Illinois. Deregulation allowed commercial users to purchase power from sources other than Commonwealth Edison. NIMEC is committed to helping its municipal members purchase power from suppliers at competitive market rates.

Since 2006, NIMEC has been helping its municipal members purchase power for their operations (water pumping and street lighting). Starting in 2011, NIMEC became the leader in Municipal Aggregation, helping municipalities negotiate lower power rates for their residents’ ComEd bills.

NIMEC provides this service at no charge to its membership and receives an origination fee from the winning suppliers selected by the membership.

 

Our Mission:

NIMEC was founded in 2006 to address the deregulation of electricity in Illinois. Deregulation allowed commercial users to purchase power from sources other than Commonwealth Edison. NIMEC is committed to helping its members purchase power from suppliers at rates lower than ComEd’s. 

NIMEC has a membership of 100+ municipalities in northern Illinois. NIMEC aggregates its memberships’ electric usage and bids it out collectively. When the memberships’ load is aggregated, usage approaches $80 million annually.  NIMEC's suppliers bid more aggressively for the collective load than if the municipalities approached the suppliers individually for pricing.

NIMEC provides this service at no charge to its membership and receives an origination fee from suppliers for aggregating the load and presenting it to the suppliers for bid.

 

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