COLUMBIA, Il. (KMOV) – A new Illinois policy is expected to decrease the electric bills of more than 200,000 local customers.
The new policy, voted on in April, allows cities to collectively bid for the lowest electricity supplier. Homefield Energy won the bidding, which was completed this week, but Ameren will still conduct all service calls.
“We were very pleased,” Columbia Mayor Kevin Hutchinson said. “We were hoping to get under the four-cent rate and ended up just right at it. I think it is a significant savings for the citizens of Columbia.”
All residents in the communities which approved the policy can opt out of the aggregation.