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Trenton Municipal Electric Aggregation Rate
Ameren Illinois has released its new residential electric rate for customers in the Trenton area. Effective June 2018, the new Ameren summer rate (June 2018-September 2018) is 4.6¢ per kilowatt hour (kWh) and the non-summer rate (October 2017-May 2019) is 5.15¢/kWh. These new rates are lower than Trenton’s current municipal electrical aggregation contract with Homefield Energy, which is 5.7¢/kWh. The municipal aggregation rate will decrease an additional 2% to 5.596¢/kWh, beginning June 2019 and lasting through December 2020.
When the current municipal aggregation contract was signed in the Fall of 2017, Ameren’s rate was 6.17¢/kWh or 8.25% higher.
“We feel 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 Illinois rate,” said Mayor Kyle Jones. Residents and small business owners may switch back to Ameren or any other vendor at any time by contacting Homefield Energy at 866.694.1262.
While Trenton’s municipal aggregation rate is higher than Ameren’s current default rate, Ameren may increase rates at any time if they demonstrate to the Illinois Commerce Commission that costs have changed. While the municipal aggregation rate is higher, it delivers price stability and is expected to provide savings over the contract term.
In Trenton’s aggregation program, residents are not required to sign a contract and will not be contacted by a salesperson. If residents are contacted by an electric supply marketer, please be aware that it is not part of Trenton’s electric aggregation program. Door-to-door solicitations should be reported to City Hall.
Customers that choose to opt out of the aggregation program are not allowed to re-join the Trenton Municipal Aggregation Program for 12 months.
Trenton’s contract includes over 110 municipalities with a possibility of over 850,000 participating residents throughout the state of Illinois.
For more information about the electrical aggregation program, please visit: