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Village of Glen Carbon Home Page

Posted on: July 20, 2018

Glen Carbon's Electrical Aggregation Rate

Ameren Illinois has released its new residential electric rate for customers in the Glen Carbon area. Effective June 2018, the new Ameren summer rate (June 2018-September 2018) is 0.0460 and the non-summer rate (October 2017-May 2019) is 0.0515. These new rates are lower than Glen Carbon’s current municipal electrical aggregation contract with Homefield Energy, which is 0.05757. The municipal aggregation rate will decrease an additional 2% to 0.05653, beginning June 2019 and lasting through December 2020.

As the Village of Glen Carbon we work to be good custodians of your tax dollars, we are always looking for how we can save you dollars.  When the municipal aggregation contract was signed in the Fall, 2017, Ameren’s current rate was 0.0617. The Village of Glen Carbon believes it is 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.”

There is no risk for the residents and no contracts, but we still feel that it is important to have a choice in whether to participate or not, so if you ever feel that this is not a good choice, you can switch back to Ameren or any other vendor at any time by contacting Homefield Energy at 866.694.1262.

For more information about the electrical aggregation program, please visit http://www.homefieldenergy.com/residential/municipal-aggregation/faq-residential-municipal.php or contact Jamie Bowden, at 618-288-2614 or jbowden@glen-carbon.il.us.


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