State

Ameren rate drop prompts some to rethink options

CHAMPAIGN — A drop in Ameren Illinois rates has some downstate communities taking another look at where they get their electricity.

The (Champaign) News-Gazette reports that Ameren likely will drop electric-supply rates about 7 percent next month, on top of a decrease scheduled for October.

That means that Ameren may offer better prices than some alternative suppliers.

Hundreds of Illinois communities bundle residential and small business customers to buy cheaper electricity in bulk from smaller suppliers. But Ameren's proposed 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, meaning customers will be automatically switched to Ameren.

Nearby Urbana will stay on the municipal rate.

Loading more

Digital Access

Digital Access
Access nwherald.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, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.