Mission Statement

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.  NIMEC’s strategy is to band together to drive down pricing.  When the memberships’ load is aggregated, usage approaches $20 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.  NIMEC receives an origination fee from its suppliers for aggregating the load and presenting it to the suppliers for bid.