Ameren Illinois has announced a residential electric rate of 4.6 cents per kilowatthour for the 12-month period beginning with June meter readings. The rate is 2.8 tenths of one cent less than Tolono’s electric aggregation rate of 4.88 cents per kilowatthour, or a difference of approximately $28 annually for a typical customer using 10,000 kilowatthours a year.
The contract Tolono negotiated in December 2017 with MidAmerican Energy, the low bidder to supply electricity for the Village’s electric aggregation program, gives residents who participate in the program an opportunity to opt out at any time and at no cost. To opt out, participants can call MidAmerican toll-free at 800-342-3346. Callers will need only their account number, found at the top of their electric bill, to opt out.
Read the full press release here.