Ameren Illinois Explains Increasing Electricity Prices
ILLINOIS - Many Ameren Illinois customers have noticed their energy bills increasing. A representative with the company shares insights on why. Matt Tomc, Vice President of Regulatory Policy and Energy Supply, explained that Ameren is the electric supplier that runs the wires and delivers the electricity to your household. The Midcontinent Independent System Operator (MISO) manages the energy markets. MISO recently passed the auction, meaning their prices increased from $30 a megawatt to $666 a megawatt during the summer period. This impacts Ameren’s supply price. As a result, customers’ energy bills have increased over the summer. “We recognized that for the summer period, we were going to see a 50% increase in the electric supply charges,” Tomc said. “Now, silver lining, they go back to normal after September, but that is a huge jump. And then when you combine that with the heatwave that we’ve experienced, we’re getting some customers
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