Bethalto Aims To Keep Electricity Costs Down By Renewing Program With New Provider
BETHALTO - The Village of Bethalto is continuing its participation in a municipal electricity aggregation program in an effort to save residents money on electricity costs, and has chosen a new electricity provider - Constellation NewEnergy. Section 1-92 of the Illinois Power Agency Act allows local governments participating in a municipal electricity aggregation program to negotiate the price of electricity for residents and local businesses. Bethalto’s participation in the program has led to savings for households and business owners, according to a press release from the village. “Our primary goal is always to protect our residents from rising electrical supply rates,” the release states. “Since June 2019, Bethalto residents and small businesses have been receiving fixed rates of 4.29¢ per kilowatt hour (kWh) versus the Ameren IL market rate currently at 12.236¢ per kWh. “This equates to an average household savings of over $50 per
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