Earlier this year, voters in Alton, Godfrey and Bethalto voted to engage in municipal electric aggregation. Officials in Wood River were given the opportunity to place the question on the ballot, but chose to take a wait and see approach. Apparently they like what they are seeing, as the city council has voted to place the aggregation question on the fall ballot.
By engaging in economics of scale, a consumer could potentially wind up paying less when the electric bill is received by going through the aggregation process. Mayor Fred Ufert says residents should understand that this is a move to find lower rates on the electric generation part of the process.
Even if a community chooses to approve aggregation, individual consumers can still opt out of the program and stay with Ameren for their supply. Bids came in recently for the towns that opted in to the aggregation plan this spring, and Homefield Energy submitted a bid that represented power generation that represents a 34% savings, and it is 100% renewable energy.