AMEREN ELECTRIC CUSTOMERS BRACE FOR MORE INCREASES IN ELECTRICITY COSTS

For the second time this year, announcements came out that Ameren electric customers will see increases in their service that

3D Electric power lines over sunrise

For the second time this year, announcements came out that Ameren electric customers will see increases in their service that will ultimately result in higher electric bills.

The Midcontinent ISO capacity auction for 2015-16 came back at a clearing price of $150.00/MW-day. That is almost 10 times higher than the current capacity price.

Capacity is a large component of the supply portion of electric supply. It is a cost that is designed to entice generators to ensure there is enough energy on the electric grid at any one time to cover all customers’ peak demand.

This news comes out on the heels of the major increase in delivery charges that took effect for Ameren customers in January of this year. The delivery increases is designed to improve the quality of the grid that electricity flows on. This 17.4% increase will only compound the overall cost for electric supply, once Ameren sets its supply rates. Ameren rates for electric supply will change on June, 1 2015.

If you have any questions on how capacity in your area is impacting your energy supply contracts, contact one of our Advisors at (800) 920- 4631.

Matt Helland
Sr VP of Client Relations

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