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WJBD - Local News - Communities Approving Electric Aggregation To See 26% Drop In Electric Cost

Communities Approving Electric Aggregation To See 26% Drop In Electric Cost

By Bruce Kropp, WJBD News

Residents in area communities that passed electric aggregation in the April election now know how much they will be saving.  

The Managing Partner of Affordable Gas and Electric Jeff Haarmann says it will be substantial.  "Well the rate we secured is a 24 month rate.  It will expire in June 2015.  Essentially, it is a 26% savings off of last year's Ameren tariff rates, so very pleased," said Haarmann.  

Haarmann says for the average household savings will be nearly $151 a year.  The winning bid was from Homefield Energy, which is part of Ameren Energy Marketing.  Haarmann says residents will begin receiving notification letters.  "Residents will begin receiving letters on city letterhead that basically inform of the winning supplier, the rate and the term.  They will also receive a letter from Ameren that they are being switched to Homefield energy.  The important point that people need to know everyone is in and you don't have to do anything at this point to participate in the rate," said Haarmann.   

  

The communities in Marion County include Central City, Junction City, Sandoval, Patoka, Kinmundy, Odin and Iuka.   In neighboring counties, Mt. Vernon, Ina, Bluford, Dix, Waltonville, Bonnie, Belle Rive, unincorporated Washington County, Nashville, Ashley, New Minden, Okawville, Lawrenceville, Grayville, Crossville, St. Elmo and Watson residential customers who don't opt out will also receive the lower rate.  

The lower rates should take affect on June or July power bills.  

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