Illinois CUB Alerts ComEd, Ameren Customers To Change In Electric Prices To Compare

The Illinois Citizens Utility Board (CUB) alerted Ameren and ComEd electric customers to a change in the utilities' electricity supply prices.

The new ComEd PTC and Amren supply rates had been first reported by EnergyChoiceMatters.com last week

As of October 1, ComEd and Ameren are updating their supply rates to reflect non-summer pricing.

CUB said that, according to the companies, these are the new Ameren and ComEd Prices to Compare through May 2021:

• ComEd residential: 7.067 cents per kWh

Ameren Residential:

• Usage of 0 to 800 kilowatt-hours (kWh): 4.542 cents per kWh

• Usage above 800 kWh: 4.389 cents per kWh

CUB said, "Since 2015, Illinois consumers have lost more than $1 billion to alternative electricity suppliers, according to the latest statistics from the Illinois Commerce Commission's Office of Retail Market Development. Knowing the 'price to compare' helps consumers make informed decisions about their power bills."

"Consumers armed with accurate information don't get ripped off," CUB Communications Director Jim Chilsen said. "Everyone should know that in the current market, sticking with your utility is likely your best bet."

"The utility watchdog advised consumers to visit the electric page on CUB's website, www.CitizensUtilityBoard.org. There, you can find fact sheets on how to avoid rip-offs, videos about where to look on your bill to see if you're with an alternative supplier and information about energy efficiency and other money-saving programs for consumers," CUB said

"The most reliable way to save money on your electric bills is through energy efficiency and other clean energy programs offered by your utility," Chilsen said.