PRICES BECOME AVAILABLE EACH DAY AT APPROXIMATELY 4:30PM CT
- < 6¢
- 6 - 8.99¢
- ≥ 9¢
How the Hourly Price of Electricity is Set
The day-ahead hourly market prices are provided by MISO – the Midcontinent Independent System Operator, Inc. The hourly prices for “tomorrow” are typically made available between 3:30-5:00 p.m. Power Smart Pricing participants are billed based on these hourly prices, rather than the standard flat rate.
Ameren Illinois does not mark up the price of power, nor does Ameren Illinois profit from supplying Power Smart Pricing participants with electricity. You simply pay the market price.
Day-Ahead vs Standard Prices
The following charts list Ameren’s standard fixed-price rates along with the average day-ahead prices. You can find the average day-ahead prices from recent years and months to give you a sense of the seasonal price pattern. All prices are in cents per kilowatt hour (kWh).View the Chart
Winter Savings Guide
Winter is a great time to keep your home warm and your costs low with Power Smart Pricing. Cool-weather prices are generally more stable and lower than summer prices, but they may increase during extended periods of cold weather …Read More
Summer Savings Guide
Grab your sunscreen and beach towels – summer is finally here! Take a moment to prepare yourself and your home to maximize your savings this summer. Reduce energy usage on weekdays between the hours of 1 p.m. and 5 p.m.. …Read More
Winter Energy Newsletter
It’s hard to believe that winter is already here, but it’s never too late to be prepared and make sure you can get the most out of Power Smart Pricing. We gathered a few tips to help you manage your …Read More