People have saved about $1.6 million, but since the city signed up for Integrys, Ameren lowered its rates. Right now, they're about the same price people are paying with the aggregation program. Plus, the program is set to expire in June, so city officials are looking into setting a new rate.
But so far, Integrys and other companies aren't looking like money savers. No matter what the council decides, people will receive a letter explaining the situation and letting them know what they need to do from here.
City leaders are talking about the issue at a Tuesday night study session. They'll let public works know which option to pursue; either continuing with the program or ending it.
While Champaign may end its electric aggregation program, it's just about to start in Urbana. The city landed a two-year deal with Homefield Energy to supply electricity. It takes effect in June. This week, home and business owners are getting letters in the mail to inform them of the switch.
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