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Electricity Prices

Amid 45% Increase in ComEd’s Power Price, CUB Calls on Utility to Work With Customers to Keep Them Safe, Cool, Connected This Summer

With Commonwealth Edison customers facing a 45 percent increase in the price of power, the Citizens Utility Board (CUB) on Wednesday called on Illinois’ largest electric utility to work with people struggling to afford their bills this summer so they can keep their electricity on and protect themselves from dangerous…...

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CUB Q&A: Why did Ameren’s electricity price spike this past summer? 

A spike in an electricity “capacity auction” meant that the supply price for Ameren Illinois increased significantly on June 1. Ameren estimated that this increased the average monthly bills of a typical residential customer by 18 percent to 22 percent,  or roughly $38 to $46 per month, over the summer.…...

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CUB alerts Illinois consumers to new fall/winter power prices

As of October 1, Commonwealth Edison and Ameren Illinois are charging a new “price to compare,” the price customers should compare to alternative supplier offers, according to PlugInIllinois.gov, the state of Illinois’ electric competition website. ComEd Supply Rate: October 2024 – May  2025 6.47 cents per kilowatt-hour (kWh) Note: This…...

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CUB alerts Illinois consumers to new summer power prices

ComEd and Ameren Illinois are charging new electric supply prices as of June 1. Know these prices to avoid bad deals peddled by alternative electricity suppliers. As of June 1, the utilities are charging a new “price to compare,” the price customers should compare to alternative supplier offers, according to…...

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CUB alerts Ameren, ComEd customers to new power prices

As of October 1, ComEd and Ameren Illinois are charging new supply rates, and customers should know what they are to avoid bad deals from alternative electricity suppliers.  The non-summer prices, through May 2024, are listed on the Illinois Commerce Commission’s electric choice website, PlugInIllinois.org:   Ameren Illinois 8.107 cents per…...

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Summer power prices for Ameren and ComEd

Ameren Illinois and ComEd supply customers will be paying new prices for electricity on June 1, as market prices ease. Prices skyrocketed last year, caused by a number of factors, including the volatility of the natural gas market, made worse by the Russian invasion of Ukraine. Gas, which is often…...

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Q&A: Electricity Price Spike in Central and Southern Illinois

What’s happening to Ameren customers?   Since June 1, 2022, the price for electricity has more than doubled for Ameren customers across Central and Southern Illinois, and that’s expected to cost customers hundreds of dollars in higher power bills over the next year. What is Ameren’s electricity price? As of Jan.…...

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Q&A: Hourly Pricing and price spikes

What is ComEd’s Hourly Pricing program? Under traditional rates, people pay a flat amount for electricity supply that changes only a few times a year.  Hourly Pricing is an alternative pricing plan in which participants pay a supply rate that is subject to more immediate market conditions and can change…...

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New electric rates for ComEd and Ameren customers in 2022

As of Jan. 1, ComEd and Ameren are charging new electricity rates. CUB breaks it all down.   DELIVERY RATES What are delivery rates?  Electric bills have two parts: delivery and supply. All of us pay delivery rates to cover the utilities’ costs of sending electricity over their wires to our…...

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Using a space heater this winter? Consider this.

Gas prices are skyrocketing right now, and it looks like these high prices will continue through the winter. CUB’s Consumer Advocacy Department has already received some calls: Consumers want to know if it’s better to turn down their thermostat and turn on a space heater. The short answer: If you…...

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