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Residents can save up to 25 percent without any interruption in electric service
Ft. Lauderdale – March 26, 2012
Liberty Power, one of the nation’s fastest growing and largest independent energy retailers, today announced a new offer to Illinois residents to reduce their home electricity rates up to 25 percent compared to current rates, saving $200 annually*.
Liberty Power’s 12-month fixed-rate offer to new residential customers in the ComEd service territory represents the lowest available price on retail electricity supply for similar products*. By enrolling now, residents can lock in a rate of 5.83 cents per kilowatt-hour for one full year. The published rate is valid for contract agreements executed through March 30, 2012. After this date, Liberty Power will publish a new low-rate based on updated market conditions.
“Liberty Power first began serving Illinois businesses in 2007 and officially launched our Illinois residential efforts last October as we aim to offer low-cost electricity and exceptional customer service to all types of customers. We are delighted to provide customers budget certainty while also reducing their electricity supply costs by up to 25 percent,” said Leah Lopez, Executive Vice President.
In addition to offering a low price, Liberty Power will provide customers with a 10-day customers’ satisfaction guarantee, providing customers with a 10 calendar-day right of rescission that allows them to cancel without penalty. Currently, Illinois regulations only require a three day right of rescission on internet and door-to-door sales.
“Our current offer is one of the lowest-priced products available today. We are standing behind our product by providing customers additional piece of mind, giving them ample time to shop around before making a commitment,” added Lopez. Residents who choose Liberty Power as their retail electricity supplier will continue to receive one bill and the same level of service from their local utility, ComEd, who will still deliver the electricity, maintain the pole and wires, and respond to power outages. There is no sign-up fee, and there will be no interruption in electricity service. Liberty Power also offers competitive rates for commercial
accounts. Customers may call 855-376-9371 to sign up by phone.