Umair Gaines
Ameren Illinois offers electricity supply rates that are based on two components: supply and delivery. The supply component covers the cost of procuring power and energy, while the delivery component covers the cost of bringing electricity to the customer. Ameren Illinois does not mark up energy supply charges and acts solely as a delivery company. The electric supply charge is the price per kWh for the electricity consumed, and it varies between summer and non-summer months. Illinois has a deregulated electricity market, allowing residents to choose from 111 providers and plans to find the best rates. Ameren Illinois also provides financial assistance programs and resources to help eligible customers manage their energy bills.
| Characteristics | Values |
|---|---|
| Average Illinois electricity rate | 15.25 cents per kWh |
| Average national rate | 16.15 cents per kWh |
| Cheapest electricity rate | 9.39 cents per kWh |
| Average Illinois electricity bill | $102.39 per month |
| Average Illinois business electricity bill | $37,264 per month |
| Average Illinois electricity bill (2021) | $96 per month |
| Ameren Illinois rate components | Supply and delivery |
| Ameren Illinois supply component | Covers the actual cost of power and energy procured by Ameren unless an alternate supplier is chosen |
| Ameren Illinois delivery component | Covers the cost of bringing electricity to the customer, including construction, maintenance, and improvements to the distribution system |
| Ameren Illinois bill sections | Electric Supply Charge, Supply Cost Adjustment, Purchased Electricity Adjustment |
| Ameren Illinois Electric Supply Charge | Price per kWh for the amount of electricity used |
| Ameren Illinois Supply Cost Adjustment | 0.21 cents per kWh |
| Ameren Illinois Purchased Electricity Adjustment | "True-up" any difference between what Ameren paid for electric supply and what they charged customers |
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What You'll Learn
Ameren Illinois bill components
Ameren Illinois electricity rates include two core components: supply and delivery. The supply component covers the actual cost of the electricity, and the delivery component covers the cost of bringing electricity to the customer.
The supply charge is the price you pay per kWh for the amount of electricity you use in your home. The price of the electric supply is determined by your choice of supplier, whether it be an Alternative Retail Electric Supplier (ARES) or the electric utility. Ameren Illinois does not mark up energy supply charges. The supply section on your Ameren Illinois bill includes a "Supply Cost Adjustment," which is designed to allow the utility to recover costs associated with procurement, working capital, and uncollectible charges. The currently effective fixed Supply Cost Adjustment is 0.21 cents per kWh for all Ameren Illinois Rate Zones.
The delivery component covers the company's cost of bringing electricity to the customer, regardless of who supplies the energy. This component includes the cost of constructing and maintaining the delivery system to get electricity from the supplier to the customer.
The Ameren Illinois rate for the electric supply during the summer months (June through September) is different from the utility rate during the non-summer months (October through May). Over the course of a year, your average utility rate per kWh is likely somewhere between the summer rate and the non-summer rate. The average Illinois electricity rate is 15.25 cents per kWh, while the national average is 16.15 cents.
Additionally, you will notice a monthly "Purchased Electricity Adjustment" on your bill, which causes the electric supply charges to fluctuate from month to month. The purpose of this adjustment is to "true-up" any difference between what Ameren Illinois paid to acquire electric supply and what they charged their customers. Ameren Illinois does not expect this adjustment to be significant in the foreseeable future, and it is not included in the Ameren Illinois Price to Compare.
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Ameren Illinois rate zones
Ameren Illinois is currently divided into three distinct rate zones, which were established when Ameren merged three legacy companies to create a single operating company. The charges in each rate zone for various bill components are now very similar and, in many cases, identical. Ameren is working towards making all the rate structures and charges the same in each Rate Zone, so there will no longer be separate zones. This benefits Ameren Illinois customers by reducing confusion and simplifying billing.
Ameren Illinois rates include two core components: supply and delivery. The supply component covers the actual cost of power and energy procured by Ameren, unless an alternate supplier, known as an Alternative Retail Electric Supplier (ARES), has been chosen. Ameren Illinois does not mark up energy supply charges. The delivery component covers the company's cost of bringing electricity to the customer, regardless of who supplies the energy. This component includes the cost of constructing and maintaining the delivery system to get electricity from the supplier to the customer.
The Ameren Illinois rate for the electric supply during the summer months (June to September) is different from the utility rate during the non-summer months (October to May). Over the course of a year, your average utility rate per kilowatt-hour (kWh) is likely somewhere between the summer and non-summer rates. Your average electricity supply charge for a 12-month period depends on how much electricity you use and when you use it.
The Electric Supply charge section on your Ameren Illinois bill includes a "Supply Cost Adjustment." This adjustment is designed to allow the utility to recover costs associated with procurement, working capital, and uncollectible charges. The Supply Cost Adjustment is mostly a fixed charge that changes only when the ICC adjusts Ameren Illinois' delivery service rates or after an annual power supply procurement update. The current fixed Supply Cost Adjustment is 0.21 cents per kWh for all Ameren Illinois Rate Zones.
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Ameren Illinois vs other Illinois suppliers
Ameren Illinois is an energy delivery company that provides electricity to residents and small commercial customers with electric demands of less than 150 kW. The company offers a default supply option, the Basic Generation Service (BGS), which represents the wholesale price obtained by Ameren Illinois through the Illinois Power Agency (IPA). Ameren Illinois does not profit from BGS or electric supply charges, passing along the price they pay for energy to their customers dollar-for-dollar, with no markup.
Ameren Illinois customers have the option to choose a third-party supplier, which may offer different pricing options and services that could lower energy supply costs. Customers can also choose between single-bill and dual-billing options. With single billing, the supplier consolidates its electric supply charges with Ameren Illinois' delivery service charges, so the customer receives one bill from the supplier. On the other hand, dual billing means the customer receives two separate bills, one from Ameren Illinois for delivery services and another from the supplier for electric supply.
Ameren Illinois electric supply rates are different during the summer months (June to September) compared to non-summer months (October to May). The rate also includes a Supply Cost Adjustment, which is a fixed charge of 0.21 cents per kWh that covers costs associated with procurement, working capital, and uncollectible charges. The Purchased Electric Adjustment, which is meant to "true-up" any difference between what Ameren Illinois pays to acquire electric supply and what they charge their customers, is expected to remain close to zero for the foreseeable future.
Compared to other Illinois suppliers, Ameren Illinois offers a range of supply options and billing choices. However, it is challenging to make a direct comparison between Ameren Illinois and other Illinois suppliers without specific data on pricing plans and offers from other providers. Illinois has a deregulated electricity market with 111 providers, giving residents the flexibility to choose their electricity provider and shop around for better rates. The average Illinois electricity rate is 15.25 cents per kWh, with rates ranging from 9.39 cents to 22.10 cents per kWh. Commercial rates in Illinois are typically cheaper than residential rates, with businesses paying an average of 12.60 cents per kWh.
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Ameren Illinois assistance programs
Ameren Illinois offers a range of assistance programs to help customers manage their energy usage and costs.
Firstly, Ameren Illinois provides an online platform that allows customers to explore their eligible assistance options in one place. After logging in to their online accounts, customers can review an eligibility chart and use the agency finder tool to connect with an agency to navigate the application process for various programs.
Ameren Illinois also offers the Economic Hardship Recovery Program, which provides information on energy assistance programs, payment options, and tips on reducing utility bills. This resource includes assistance with paying energy bills and applying for financial aid, with specific eligibility guidelines.
The Warm Neighbors Cool Friends (WNCF) program is another option for those who generally do not qualify for financial aid from government or non-profit organizations. Eligible households can receive up to $500 for the heating season, and qualifying natural gas customers can receive discounts on service charges. Additionally, income-eligible customers can have deposits for new services and late payment charges waived, and arrangements can be made to avoid disconnection due to outstanding balances.
Ameren Illinois also offers rebates and discounts on energy-saving projects and products, as well as charging solutions for EV owners. These options aim to help customers manage their energy usage and costs more effectively.
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Ameren Illinois seasonal price fluctuations
Ameren Illinois is an energy provider in Illinois, a state with a deregulated electricity market. This means that Ameren Illinois customers can choose their electricity provider from multiple alternative retail electric suppliers (ARES). The Ameren Illinois rate for the electric supply during the summer months (June through September) is different from the utility rate during the non-summer months (October through May). The price of electric supply is determined by the supplier, whether it be an ARES or the electric utility.
The energy charges on a monthly Ameren Illinois bill are divided into two main categories: delivery and supply. The delivery component covers the cost of bringing electricity to the customer, including construction and maintenance of the delivery system. The supply component covers the actual cost of power and energy procured by Ameren, unless an alternate supplier has been chosen. Ameren Illinois does not mark up energy supply charges and these charges are passed through dollar-for-dollar.
The Ameren Illinois bill includes a "Supply Cost Adjustment", which is a largely fixed charge designed to allow the utility to recover costs associated with procurement, working capital, and uncollectible charges. The supply cost adjustment is included when calculating the utility's electric supply price for Ameren Illinois' Price to Compare. The bill also includes a monthly "Purchased Electricity Adjustment", which causes the electric supply charges to fluctuate from month to month. The purpose of the purchased electricity adjustment is to "true-up" any difference between what Ameren Illinois paid for the electric supply and what they charged their customers.
Ameren Illinois offers financial assistance to eligible low-income households to pay for winter energy services through the Low-Income Home Energy Assistance Program (LIHEAP). They also provide year-round energy bill payment assistance and home weatherization through their Warm Neighbors Cool Friends program.
When considering switching energy providers in Illinois, it is important to review current rates during spring and fall when energy prices are typically more stable between peak seasons. Regulated utilities often provide the most stable rates year-round.
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Frequently asked questions
The Ameren Illinois electric supply rate is the price you pay per kWh for the amount of electricity you use in your home. The price of the electric supply is determined by your choice of supplier, whether it be an ARES or the electric utility. The average Illinois electricity rate is 15.25 cents per kWh.
ARES stands for Alternative Retail Electric Suppliers. Illinois has a deregulated electricity market, meaning you have the flexibility to shop around for a cheaper electricity bill.
Ameren Illinois rates include two core components: supply and delivery. The supply component covers the actual cost of power and energy procured by Ameren unless an alternative supplier has been chosen. Ameren Illinois does not mark up energy supply charges. The delivery component covers the company's cost of bringing electricity to the customer, which includes the cost of construction, maintenance, and improvements to the electric distribution system.
