New Year, New Prices for Ameren Customers

New Year, New Prices for Ameren Customers

You will be paying less for electricity through Ameren Illinois in the New Year. The Illinois Commerce Commission has approved a request for an approximately $17.3-million decrease in delivery service rates for 2018. The savings will begin in January. An Ameren spokesman says this is a result of continued investment in infrastructure and the lower cost of financing. Ameren Illinois spokesman Marcelyn Love says this is the second year in a row customers will see a decrease in delivery costs.

For the typical residential customer using 10,000 kilo-watt-hours of electricity, this reduction should mean a savings of about $1.70 monthly. According to information provided by the utility, this is the fifth such rate cut since the Smart Grid bill was passed in 2011.