Muni Aggregation Says Illinois Utility May Raise Rates "At Any Time"
July 25,2018
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."