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Municipal Electric Aggregation Program Update

Bloomington residential and small business customers of Ameren Illinois are now receiving electric supplier choice confirmation notices as part of the city’s participation in the Municipal Electric Aggregation Program.

Voters approved municipal electric aggregation in April, and a formal bid process was undertaken to negotiate the best rate for local electricity supply. Homefield Energy, an Ameren Illinois affiliate supplier based in Collinsville, Ill., was selected to provide electricity to Bloomington’s Ameren Illinois residential customers and small retail businesses using less than15,000 kilowatts a year.

The city signed a 22-month contract with Homefield Energy in May that will provide electricity to Bloomington customers at a rate of $0.04539 per kilowatt-hour through May 2015. At this rate, customers will see an average savings of more than 20 percent during the early part of the contract, and at least 10 percent later on if market prices change. In addition, 100 percent of the electricity supplied under this agreement will come from renewable sources.

All eligible residential and small business customer accounts will be automatically enrolled unless the customers elect to opt out. Larger business customers and those who obtain electric service through other utility providers, such as Corn Belt Energy, are not included in the aggregation program.

Customers who prefer to keep their electric supply and current rate structure directly through Ameren Illinois or another supplier can still do that by opting out of the aggregation program by July 15. Eligible customers in Bloomington received detailed information about the program and their right to opt out of the program.

The biggest change customers will see with this program will be lower costs for electric service. Payments (including Budget Billing arrangements and direct pay) will still be made to Ameren Illinois using the existing account numbers. Service requests and power outages will still be reported to the same Ameren Illinois phone number, 1-800-755-5000.

Answers to other Frequently Asked Questions may be viewed here.

Residents and small business Ameren Illinois customers who moved to Bloomington after June 1 should contact Homefield Energy for information about enrolling in the program. For questions about enrollment, opt-out or other concerns, contact Homefield Energy toll-free at 866-694-1262 or via e-mail at: CustCare@homefieldenergy.com. Information is also available at www.homefieldenergy.com.

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Last updated: 3/10/2014 9:49:59 AM