Residents in Auburn, Buffalo, Cantrall, Dawson, Divernon, Grandview, Illiopolis, Mechanicsburg, New Berlin, Pleasant Plains, Rochester, Sherman, Spaulding, and Williamsville who did not opt out of the initial program, as well as some residents of unincorporated Sangamon County who opted into the program, have been receiving fixed price electric supply at 4.19¢ per kWh over the last year. Given current indicative pricing from Alternative Retail Electric Suppliers for the coming program year, the Consortium has determined that returning to the Ameren default rate for the next twelve months will secure the most favorable pricing for residents possible at this time.
Communities will have opportunity to re-enter the power market after a period of twelve months to seek alternative supply options should they deem it beneficial. “Our goal for the entire aggregation program is to ensure that our residents are getting the best pricing and most favorable contract terms available to us for each program year,” said Brian Cuffle, Aggregation Consortium Executive Committee member and Village President of Spaulding. “After researching our options and working to learn about Ameren’s pricing, we are confident that right now, that means allowing resident to return to Ameren’s default supply. In the future, it may mean that we go back out to bid for another supplier.”
Residents will automatically be switched back to the default supply if they do nothing. Aggregation program members in some communities have begun receiving letters notifying them that their accounts have switched to the default rate following the expiration of the FirstEnergy Solutions contract. For those who wish to remain on the default, no action is necessary.
The Consortium’s decision to return to Ameren default supply for the next year does not prevent residents from individually seeking their own Alternative Retail Electric Supplier. Those residents that wish not to return to the Ameren default supply and remain there for the duration of the twelve-month period will have two billing cycles to seek an alternative supplier after the Consortium program contract with FirstEnergy Solutions ends during the May billing cycle.
Consumers interested in exploring other alternatives can visit the Illinois Commerce Commission’s website at http://pluginillinois.org/res.aspx or at the Citizen’s Utility Board at http://www.citizensutilityboard.org/ciElectric_cubfacts_alternativesuppliers.html.
All Consortium decisions relate exclusively to the supply portion of residents’ electricity bills. The aggregation program does not have any effect on Ameren’s proposed delivery rate increases, which are related to a modernization project being undertaken by the utility.