Meter Exchange

To participate in Power Smart Pricing, your electricity meter must be replaced with a meter capable of recording your energy use on an hourly basis. The Ameren Illinois Utilities will install this new meter at no additional charge. The new meter will store hourly data electronically. If the required meter cannot be installed due to equipment compatibility problems at your home, or reasonable access for monthly readings is questionable, the Ameren Illinois Utilities will contact you and provide information about your options.

Participation Fee

Customers who select Power Smart Pricing will be charged a monthly fee of $2.25 to participate in the program. This fee will be included in your electricity bill. Savings from the Power Smart Pricing are expected to more than offset this modest monthly charge.

Length of Program

To participate in this program, you must agree to remain on the hourly, market-based electricity rate for a minimum of 12 consecutive monthly billing periods. At the end of that period, you will be free to contact any certified third party supplier or your Ameren Illinois utility if you wish to select a different supply option.

Your Billing Information

If you select Power Smart Pricing, you will continue to receive your bill from the Ameren Illinois Utilities and you will remain on the same billing schedule. You will be billed on hourly pricing after the interval data recording meter is installed and a full month of interval data is recorded, but no sooner than the end of the monthly billing period. Once your account bills, you can use the Power Smart Pricing Web site to view more detailed information about your hourly usage and costs.

Moving or Selling Your Home

If you move or sell your home, the new owner or resident will automatically be put on the standard residential rate. If you move to another home served by the Ameren Illinois Utilities, you will need to re-enroll in Power Smart Pricing in order to receive the advantages of hourly electricity pricing at that location.