Shopping around for an alternative electricity supplier isn’t your best bet for saving money, according to a new report. The Citizens Utility Board says since 2013, ComEd has been able to offer better prices than many of those suppliers, making energy efficiency the better strategy for reducing your electric bill. While the report focused on Northern Illinois, CUB spokesman Jim Chilsen says the same can be said for Ameren customers.
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“The general idea is true statewide,” Chilsen said. “Ameren also was locked into some higher-priced contracts that allowed companies to come in and take advantage of that and beat the utility price. We are just seeing a very different electricity market now.”
Chilsen says savings can be achieved through doing things like unplugging your kitchen appliances when not in use or switching to energy-efficient light bulbs.