Finding a cheaper source of electric supply is being pitched to numerous municipalities in the Ameren Illinois service region, including right here in the Riverbend. It's called municipal aggregation, whereby communities can band together and by using the economies of scale, can potentially find electricity cheaper on the open market. Ameren invites its customers to research the prospects.
Before anyone can make the switch, a referendum must be placed on the March primary ballot and pass with a simple majority. Alton has already approved the resolution, Godfrey appears to be heading in the same direction, and Bethalto and Wood River are also considering the same. Ameren Illinois' Leigh Morris says consumers should shop around.
Under a law less than a year old, Illinois municipalities can work together in creating aggregation programs via an intergovernmental agreement. By pooling their customers together, joint efforts could, in theory, result in lower electricity rates from suppliers than each municipality would receive individually. You can find out more by clicking on a pair of links below.