A spike in an electricity “capacity auction” means that Ameren Illinois’ summer supply price for power increased significantly on June 1. Ameren’s 11.326 cents per kilowatt-hour (kWh) summer supply rate is about 39 percent higher than the price in the summer of 2024. Thankfully, Ameren’s price is expected to go…...
Update on Ameren and ComEd summer power prices
While Ameren Illinois and Commonwealth Edison have not officially announced what their summer electricity prices will be, the Chicago Tribune has reported some estimates. The bad news is power prices will continue to be elevated, and the major reason is soaring energy demand caused by new and proposed data centers. Here’s…...
Amid 45% Increase in ComEd’s Power Price, CUB Calls on Utility to Work With Customers to Keep Them Safe, Cool, Connected This Summer
With Commonwealth Edison customers facing a 45 percent increase in the price of power, the Citizens Utility Board (CUB) on Wednesday called on Illinois’ largest electric utility to work with people struggling to afford their bills this summer so they can keep their electricity on and protect themselves from dangerous…...
CUB alerts Illinois consumers to new fall/winter power prices
As of October 1, Commonwealth Edison and Ameren Illinois are charging a new “price to compare,” the price customers should compare to alternative supplier offers, according to PlugInIllinois.gov, the state of Illinois’ electric competition website. ComEd Supply Rate: October 2024 – May 2025 6.47 cents per kilowatt-hour (kWh) Note: This…...
CUB alerts Illinois consumers to new summer power prices
ComEd and Ameren Illinois are charging new electric supply prices as of June 1. Know these prices to avoid bad deals peddled by alternative electricity suppliers. As of June 1, the utilities are charging a new “price to compare,” the price customers should compare to alternative supplier offers, according to…...
CUB alerts Ameren, ComEd customers to new power prices
As of October 1, ComEd and Ameren Illinois are charging new supply rates, and customers should know what they are to avoid bad deals from alternative electricity suppliers. The non-summer prices, through May 2024, are listed on the Illinois Commerce Commission’s electric choice website, PlugInIllinois.org: Ameren Illinois 8.107 cents per…...
Summer power prices for Ameren and ComEd
Ameren Illinois and ComEd supply customers will be paying new prices for electricity on June 1, as market prices ease. Prices skyrocketed last year, caused by a number of factors, including the volatility of the natural gas market, made worse by the Russian invasion of Ukraine. Gas, which is often…...
Q&A: Electricity Price Spike in Central and Southern Illinois
What’s happening to Ameren customers? Since June 1, 2022, the price for electricity has more than doubled for Ameren customers across Central and Southern Illinois, and that’s expected to cost customers hundreds of dollars in higher power bills over the next year. What is Ameren’s electricity price? As of Jan.…...
Q&A: Hourly Pricing and price spikes
What is ComEd’s Hourly Pricing program? Under traditional rates, people pay a flat amount for electricity supply that changes only a few times a year. Hourly Pricing is an alternative pricing plan in which participants pay a supply rate that is subject to more immediate market conditions and can change…...
- 1
- 2
