Ameren Illinois Commercial Energy Pricing Overview
Current Commercial Pricing Rates
As of October 1, 2024, Ameren Illinois’ current commercial electricity rates for non-summer months are structured as follows:
- 0 – 800 kWh Usage: 8.09 cents per kWh
- Above 800 kWh Usage: 7.506 cents per kWh
- Transmission Service Charge: 2.082 cents per kWh (Plugin Illinois).
These rates are applicable through May 31, 2025. For summer months (June through September), the rates are slightly adjusted, indicating seasonal variations based on demand and supply fluctuations.
Historical Commercial Electricity Rates
Ameren Illinois has seen fluctuating commercial rates over the past several years due to changes in electricity demand, market conditions, and procurement costs. For a detailed historical view of Ameren’s rates, the Illinois Commerce Commission (ICC) maintains a database of historical prices, providing transparency on how these rates have evolved over time (Plugin Illinois).
Deregulated Cities and Towns
Ameren Illinois operates in a deregulated market, allowing commercial customers in various towns and cities to select alternative retail electric suppliers (ARES). Key cities under Ameren Illinois’ deregulated zones include:
- Springfield
- Decatur
- Belleville
- Peoria
- Champaign
- Edwardsville
- Quincy
- Effingham
These cities have the option to compare and choose suppliers, which provides businesses with opportunities to lower their electricity costs by switching from the default utility pricing to competitive supplier rates.
Future Rate Outlook
Ameren Illinois’ future commercial rates will depend on multiple factors, including wholesale market trends and capacity procurement strategies by the Illinois Power Agency (IPA). The next procurement cycle in Spring 2025 will likely affect rates beginning June 2025, depending on the volume and pricing of electricity secured for the utility’s standard service customers (Illinois Power Agency).
Ameren Illinois Stock Market Information
Ameren Illinois is a subsidiary of Ameren Corporation (NYSE: AEE), headquartered in St. Louis, Missouri. As of October 2024, Ameren’s stock is trading steadily, reflecting its stable position in the utilities sector. The company’s diversified utility operations include both electric and natural gas services, making it a key player in the Illinois energy market.
Chart and Image
The article includes a chart depicting Ameren Illinois’ historical commercial electricity rates over the past five years. This colorful graph provides a visual comparison of summer and non-summer rates, highlighting fluctuations that occurred due to procurement changes and demand variations.
Conclusion
For more information on Ameren Illinois’ commercial energy pricing and to explore historical data, visit the official Illinois government website for energy information: Plugin Illinois – Price to Compare. This comprehensive resource offers detailed insights into utility pricing, helping businesses make informed decisions in a deregulated market(
).
Contact Information for Energy Savings Assistance
For businesses looking to explore competitive commercial electricity rates and reduce their energy costs, reach out to Group Energy:
- Website: GroupEnergy.org
- Phone: 402-431-2646
- Email: support@groupenergy.org
This service can help your business navigate the complexities of deregulation, providing tailored rate comparisons and contract negotiation support for Ameren Illinois and other Illinois utilities.