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The Average Electric Bill in Illinois (and How to Lower It) [CNET News]

Ameren Corporation (AEE) 
Last ameren corporation earnings: 2/26 07:15 am Check Earnings Report
US:NYSE Investor Relations: amereninvestors.com/home/default.aspx
Company Research Source: CNET News
In most deregulated energy states , you can save money on your energy bills by choosing an electric plan from an energy company instead of the local utility. Electricity in Illinois works a bit differently. You can still shop around for a better rate, but your overall savings will depend on how the retail energy supplier's (or energy company's) rates compete with the utility's rates. "Since 2015, Illinois consumers on alternative electricity suppliers have lost $1.8 billion because they're on plans with higher rates than the utility," Jim Chilsen , communication director of the Citizens Utility Board (CUB) in Illinois, told CNET. The idea of choosing an energy supplier with a competitive rate sounds appealing, but the reality often falls short in Illinois. Despite having the freedom to select an alternative provider, you could end up paying more than your local utility's rate. This issue, combined with the challenge of climate change and rising energy prices, makes it difficult f Show less Read more
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