In a notice to residents discussing that Ameren's default service rates are now lower than the City's municipal aggregation rate, the City of O’Fallon (IL) stated that, while O’Fallon’s municipal aggregation rate is higher than Ameren’s current default rate, "Ameren may raise their rates at any time if they file with the ICC and demonstrate that its costs have changed."

"While the municipal aggregation rate is higher, it delivers price stability and is expected to provide savings over the contract term," the City stated

In notifying residents of the new utility default service rates, O’Fallon Mayor Herb Roach stated, "We felt it was important to let our residents know that they have the choice to opt out of the municipal aggregation program in order to take advantage of the lower Ameren rate. Each resident will have to do their own research in order to determine what is best for themselves."

Tags:
Illinois   Municipal Aggregation  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Head-of-Retail-Operations -- Wholesale Supplier/Trader -- Other
More Stories on RetailEnergyX.com:
Illinois PIRG Recommends Forcing Exelon To Divest From ComEd, Requiring ComEd TOU Supply Rates
More Rhode Island Communities To Launch Opt-out Municipal Aggregations
Eight California Municipal Aggregations Seek Up To 500 MWs Of Long Duration Storage
Long Island Lawmakers Decry "Poison Pill" Charge In LIPA Tariff For Opt-out Municipal Aggregation
Chicago Municipalization Of ComEd Would Cost Nearly $9 Billion, Study Says