Illinois consumers have lost about $1.6 billion total to alternative suppliers since 2015–but Ameren customers, for a change, saw some savings last year, according to a review of annual reports from the Illinois Commerce Commission’s Office of Retail Market Development (ORMD). Under Illinois law, ComEd, Ameren and MidAmerican customers are…...
CUB review: Most municipal aggregation offers saving money, but changes on horizon
Out of 485 active community power (“municipal aggregation”) offers, about 300 (62 percent) beat or at least matched the utilities’ summer supply rates, according to a CUB review of plans. But more than half (183) of those offers expire over the next year–many of them this December. This comparison covers…...
The time is now for electric cooperatives to empower rural Illinois communities
Co-Authors: Amanda Pankau, Prairie Rivers Network, Christine Nannicelli, Sierra Club Illinois, and Scott Allen, Citizens Utility Board The passage of the Inflation Reduction Act (IRA) has dramatically transformed the energy landscape for publicly owned electric cooperatives and municipal utilities across the country, offering game-changing access to clean energy tax credits…...
State: Illinois electric customers overpaid by $431 million with alternative suppliers
Illinois consumers who buy their electricity from alternative suppliers collectively paid $431 million more in the last year than they would have by sticking with their utility, according to a new report from the Illinois Commerce Commission’s Office of Retail Market Development. From May 31, 2020 through May 31, 2021,…...
CUB review: Many community power deals no longer money savers
There was a time when municipal aggregation–electricity deals that local leaders negotiate for residents of a community–secured savings for consumers, but a new CUB review has found that most deals are no longer beating the utility rate. As of July 31, just 78 of the 555 total active municipal aggregation deals in…...
