Electricity Price Increases

[oldnslo]

Interesting on increase since Illinois has 5 nuke plants and several wind mill farms and now more and more solar being pushed.

I am still trying to understand how 3rd party can have lower prices that company generating the power. In this area it is Com Ed.

 

[JTKub]

Here in the PR of NY, in January 2024 I was paying $0.06/kwh, plus a list of taxes and fees that account for 2/3 of the total bill. Today it's $0.10/kwr, plus slowly rising taxes/fees. Depending on the time of year, my household burns through ~600-900kwh for the month, so the typical monthly total bill is currently between ~$150-250/month.

 

[kenmbz]

,09 + .07 so .16 total plus fees.
Was .07 + .05 about 2.5 years ago.

 

[MossRoad]

Are any other power companies increasing prices by almost 50% like Ameren IL?

Beginning June 1, 2025, and ending September 30, 2025, Ameren Illinois' supply price (also known as the Price

to Compare) will increase by roughly 50 percent, going from around 8 cents per kWh to around 12 cents per kWh. This will result in an approximately 18% to 22% total bill increase for the typical residential customer for the summer period, depending on their usage. This supply price increase will only be in effect for four months (June-September). Beginning on October 1, 2025, the supply rate is expected to return closer to current levels (around 8-9 cents) for the remaining eight months.

Ours is still under 12 cents.

 

[California]

Ameren IL Electric Rate Increase: FAQ - Dale Fowler

Frequently Asked Questions Ameren Illinois Electric Supply Rate Increase: Frequently Asked Questions In April of 2025, Ameren Illinois received electric supply rate results from the regional grid operator (MISO), which include an increase from $30/megawatt to $666/megawatt and will now cause...

senatorfowler.com

... The regional capacity auction by MISO revealed a significant drop in surplus generation capacity, leading to a twenty-fold increase in summer capacity prices compared to prior years.[/I]

So they sold off their excess capacity for a momentary profit followed by long term higher rates? Just good business .

See theclimbers post above. Maybe they got bought by a modern investment group.

 

[JRH02]

When we built our place 15 years ago we knew we would be off grid because there just aren't any utilities available - even cell service. So I built out a system based upon solar. Some time back I went to our PUD's website to check the publicized rates and they also had listed the 'average' residential customer's utility bill so using that it was easy to estimate the cost for electricity that we haven't purchased. Granted it was a rough calculation to compare that vs what I spent originally including maintenance (2 battery bank replacements) and some upgrades over time. It was evident that we had hit break even at around 11 to 12 years. But I had, just about that time, replaced our lead batteries with lithium technology to the tune of $11k. So we were starting restarting the clock.

With all this stuff in the news about AI and data centers and the costs of electricity going up dramatically, I couldn't be happier for where we chose to live and were forced to make our own power. I have to admit that producing our power doesn't include my time investment. I choose to consider my time as a hobby that I enjoy. But overall I have to say, even if we did have utility power from the beginning, that I would have solar added by this time. Yeah, we have to live differently because we can't just flick any switch as desired and no, we don't have AC. And it takes some planning to have the house be around 80f when it's 105f outside for a week.

So, how many of y'all are thinking of pulling the trigger and adding some self reliance if not just reducing your electric bill? It's not going to get any better.

 

[WM75Guy]

Our coop rates just went up in April for the first time since 2008. The base rate went up $0.005/kWh to $0.109628/kWh. Monthly customer charge went up $5 to $25. It will go up again in April 2026 to $30.75. We utilize average billing, the $350 monthly bill covers the house, stables, and the shop.

 

[jyoutz]

The war on coal came at a huge price. It's all about money.

My state has far more abundant and cheaper natural gas than coal, so the coal plants were converted to gas.

 

[DarkBlack]

Ameren IL Electric Rate Increase: FAQ - Dale Fowler

Frequently Asked Questions Ameren Illinois Electric Supply Rate Increase: Frequently Asked Questions In April of 2025, Ameren Illinois received electric supply rate results from the regional grid operator (MISO), which include an increase from $30/megawatt to $666/megawatt and will now cause...

senatorfowler.com

The increase is a result of many factors that have created the perfect storm. Power supply prices are going up because of global market pressures, and recent public policy has prioritized renewable energy (solar and wind)—which has resulted in many fossil fuel plants closing, creating a capacity shortage in the region that covers Ameren Illinois customers. The regional capacity auction by MISO revealed a significant drop in surplus generation capacity, leading to a twenty-fold increase in summer capacity prices compared to prior years.

We’re still a first world country?
How dare you browse your refrigerator, or wash using warm water . Consider yourself lucky if you’re still able to use Air conditioning.

Got to luv how it’s called “public policy”, as if the public actually had any say in it

We’re on a certain trajectory. Most folks just don’t see it yet