The Power Smart Pricing program surpassed a major milestone last week when its cumulative bill savings for the roughly 12,000 customers reached over $4 Million. This is great news for our participants but its also great news for all those communities. PSP households have some extra cash on hand for those more important things in life like education, health care or the simple things like an extra topping on that large pizza.
Great job everyone!!
June 9, 2011
High Price Alerts (6/7-6/8)
We had our first high price alerts with the new price threshold over the past couple days as temperatures reached well into the 90s. Three straight days of high temperatures in the middle of the week is a recipe for high prices. Prices topped out at 10 cents per kWh from 1pm-5pm on 6/8. This is just about the highest price we saw in 2010.
Don't forget about pre-cooling! The best way to shift your usage away from high prices. http://www.powersmartpricing.org/tools/summer-tips/precooling-your-home/
Unfortunately we had some technical glitches with our email alert system and some of the alerts were delayed. We apologize for the inconvenience. We are working with our technical provider to ensure that this will not happen again.
The website also reached highs in web traffic. Tuesday June 7th, and Wednesday June 8th, had the highest visits to the PSP website ever. Clearly our participants were reacting to the high temperatures and prices to seek our more information. The behavior of how customers react to high prices is a key topic of conversation to the ICC and other public utility commissions around the country as they are trying to determine the value and benefit of dynamic pricing programs. PSP customers are cutting edge, smart and proving again and again that dynamic pricing "works."
It looks like some cooler weather is moving in and the prices have dropped a little as well. Look for even lower prices tomorrow and through the weekend.
Don't forget about pre-cooling! The best way to shift your usage away from high prices. http://www.powersmartpricing.org/tools/summer-tips/precooling-your-home/
Unfortunately we had some technical glitches with our email alert system and some of the alerts were delayed. We apologize for the inconvenience. We are working with our technical provider to ensure that this will not happen again.
The website also reached highs in web traffic. Tuesday June 7th, and Wednesday June 8th, had the highest visits to the PSP website ever. Clearly our participants were reacting to the high temperatures and prices to seek our more information. The behavior of how customers react to high prices is a key topic of conversation to the ICC and other public utility commissions around the country as they are trying to determine the value and benefit of dynamic pricing programs. PSP customers are cutting edge, smart and proving again and again that dynamic pricing "works."
It looks like some cooler weather is moving in and the prices have dropped a little as well. Look for even lower prices tomorrow and through the weekend.
June 1, 2011
New Ameren IL Flat Rate Prices
Ameren Illinois has finished its rate filing for its flat rate prices. The new energy supply prices DO NOT affect the prices for Power Smart Pricing. Prices went up in all rate classes by about a tenth of a cent per kWh. Below is the table of the new prices.
All prices are in cents per kilowatt hour (kWh).
Ameren Standard Rates (effective 6/1/11)
*Former AmerenUE customers now served by Rate Zone I (formerly AmerenCIPS) in the Metro East: 0-800 kWh non-summer is 6.057¢/kWh and over 800 kWh non-summer is 2.024¢/kWh, regardless of heating type.
** Applies only to existing premises served under Rate Zone I (formerly AmerenCIPS) Rider 5 or Rate Zone III's (formerly AmerenIP) space heat provision under SC2 as of 1/1/07. The Space Heat category is not available for new electric heat installations.
All prices are in cents per kilowatt hour (kWh).
Ameren Standard Rates (effective 6/1/11)
| Rate Zone III (AmerenIP) |
Rate Zone II (AmerenCILCO) |
Rate Zone I (AmerenCIPS) | |
| Summer (June, July, August, and September) | 5.011 | 5.019 | 5.045 |
| Non-Summer, usage 0 - 800 kWh | 5.733 | 6.020 | 6.057* |
| Non-Summer, over 800 kWh Non-Space Heat | 5.733 | 3.852 | 6.057* |
| Non-Summer, over 800 kWh Space Heat** | 1.881 | N/A | 3.434* |
** Applies only to existing premises served under Rate Zone I (formerly AmerenCIPS) Rider 5 or Rate Zone III's (formerly AmerenIP) space heat provision under SC2 as of 1/1/07. The Space Heat category is not available for new electric heat installations.
Subscribe to:
Posts (Atom)
