Digital Access

Digital Access
Access saukvalley.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, Daily including the e-Edition or e-Edition only.

Text Alerts

Text Alerts
Choose your news! Select the text alerts you want to receive: breaking news, prep sports scores, school closings, weather, and more. Text alerts are a free service from SaukValley.com, but text rates may apply.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Sign up for free e-newsletters today.
The Holiday Gift Auction is Live! Click here and bid now on great local gifts!
State

Ameren rate drop prompts residents to rethink options

CHAMPAIGN (AP) – Some communities are reconsidering where they get electricity after learning that Ameren Illinois will implement two rate decreases this year.

Ameren likely will drop electric-supply rates about 7 percent next month, on top of a decrease scheduled for October, meaning the utility might offer better prices than some alternative suppliers, The Champaign News-Gazette reported Monday.

Hundreds of Illinois communities adopted aggregation, which allows them to bundle residential and small business customers to buy cheaper electricity in bulk from smaller suppliers. But Ameren’s proposed default rate for June through September is lower than what many cities brokered, and the rate taking effect in October is even lower.

Champaign plans to put its aggregation program on hold for at least a year, and its 26,000 customers will be switched automatically to Ameren if they do nothing. Those who don’t want to switch to Ameren have 60 days after the program expires to find their own supplier.

But customers in nearby Urbana automatically will stay on the municipal rate negotiated under aggregation unless they choose to switch to Ameren. They may drop out of the program without penalty.

Urbana considered its sustainability goals when deciding to keep its program, because it bought renewable-energy credits to offset 100 percent of its electric use, said Mike Monson, chief of staff for Urbana Mayor Laurel Prussing.

Experts say customers’ overall bill might not change much if they switch to Ameren, because the rate decreases are for electric supply, not for the utility’s costs to deliver it. Delivery rates are increasing to help pay for a 10-year project to modernize the electric grid. Savings in electricity costs could be offset by increased delivery costs.

___

Online: http://www.pluginillinois.com/

___

Information from: The News-Gazette, http://www.news-gazette.com

Loading more