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Why are my rates about to go up?

20150423_AmerenQA_enews

 

Power prices in Southern and Central Illinois are set to skyrocket June 1.  But what’s behind this huge increase?  Read CUB’s Q&A to find out and take a short poll rating the electric market.

If you haven’t already, join the 1,000+ CUB Action Network members who have sent a message asking the Federal Energy Regulatory Commission (FERC) to investigate the Illinois electric market.  Consumer advocates like CUB are also currently considering filing an official complaint with FERC to find out what happened and to make the process of setting electricity prices more fair.

“Illinois has a surplus of electricity, so the fact that Ameren customers might have to pay skyrocketing power rates on June 1 raises serious questions,” CUB Executive Director David Kolata said. “This is another sign that the electricity market is not working for Illinois consumers, and we need to get to the bottom of it.”

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