Ameren Rate Drop Prompts Some Communities To Rethink Electricity Options
CHAMPAIGN - A predicted drop in Ameren Illinois's electric-supply rates is causing some communities to take another look at where they get their electricity.
Ameren is likely to drop rates by about seven percent next month. This is in addition to the decrease scheduled for October, which means that Ameren may offer better prices than some alternative suppliers.
Hundreds of communities bundle small business and residential customers to buy cheaper electricity in bulk from smaller suppliers. However, Ameren's proposed rate for June through September is lower than what many cities brokered, and the rate that takes effect in October is even lower.
Urbana will stay on the municipal rate, while Champaign plans to put its aggregation program on hold for at least a year. This would mean that customers would automatically be switched over to Ameren.