Illinois Electricity Hike Expected

by Michelle on December 15, 2010

Electricity rates are already high these days and some Illinois electricity consumers may begin to see even higher rates than their used to as early as the end of this month.

A three percent natural gas and electricity rate hike is being forecasted due to decisions made by the Illinois Commerce Commission not long ago.

The increased electricity and gas rates will affect more than 1.5 million Illinois residents.

If you live in the affected area call Electric Rates right away at 1-800-971-4020 to compare the rates of multiple energy providers as you may be able to pay less for your electricity.

  • Increases in delivery charges for gas and electric customers will have totaled $44 million by the end of 2010.
  • $29 Million in revenue can be gained by Ameren Illinois with the expected rate hike.
  • Ameren rates were raised by $14.7 million back in May.

With Ameren rates already being high due to the May electricity rate increase customers will be paying significantly more for their energy consumption by the end of 2010.

The hike affects a lot of customers in the state of Illinois so the profit to the company can be expected to be large while the people will be the ones paying the price.

Comparing electricity rights allows the people to put the power to choose back in their hands.

You can choose who generates the electricity you buy and you may be able to find a lower rate than your current rate.

To see just how much you can save compare rates with the Electric Rates comparison tool.

It’s easy to shop around for energy rates because Electric Rates does it for you so contact them to possibly save.

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: