Bethalto Residents Have Choice Between New Energy Ratesย
BETHALTO - The Village of Bethalto is advising residents to consider remaining part of its energy aggregation program despite Ameren currently having a lower market rate. The energy aggregation program is meant to protect residents from market volatility by charging a fixed rate regardless of the market through 2024 - but if residents wish to opt-out and switch to Ameren, the village has also outlined the steps to do so. The new Ameren rate is $0.08162 compared to Bethalto’s program rate of $0.1220. Ameren’s new rate went into effect on June 1, and the aggregation program’s fixed rate will expire in December 2024. According to a press release from the village, “Residents need to understand the newly filed Ameren rate can return to an upward swing anytime during that period … The Village’s Program has been very successful since its inception in 2012.” Also noted in the press release were the savings from the previous round of the aggregation
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