Power Smart Pricing Gets Praise from Participants and the Press

Power Smart Pricing is a different electricity pricing option offered by the Ameren Illinois Utilities and administered by CNT Energy. Under the standard residential rate, electricity costs the same amount no matter what time of day you use it. Power Smart Pricing lets you pay the hourly, wholesale market price of electricity which varies throughout the day and is often lower than the standard fixed rate. The program has been available since May 2007 and boasts more than 2,000 participants, several of whom recently sang its praises to CNT Energy staff and local newspaper reporters.

Participant Mike O. of Murphysboro says his family has been able to save with Power Smart Pricing both by shifting electricity usage to low priced hours, and by using electricity wisely in general. “By using electricity when it is cheap, our overall electric usage is down every month simply because everyone in the family is now more conscious of wasting energy,” he says. He says his family has also enjoyed the online tools that allow program participants to view their hourly electricity use, along with the hourly prices. “The kids get a kick out of looking at the charts on the website every month that illustrate our electric use,” he says.

Similarly, Dan E. of Decatur reports that his family has been able to shift their electricity usage to maximize available cost savings. “This has caused little (if any) changes to our overall lifestyle, and has yielded substantial savings in monthly utility costs for us,” he says. He says the information and support provided by CNT Energy have been helpful parts of the program. “We’ve been extremely impressed with not only the information on current electricity charges we receive from the Power Smart Pricing program, but also with the tips on how to conserve utility usage as well,” he says.

Randy S. of Macomb says Power Smart Pricing has given his family an easy way to take more control over energy costs. “We most enjoy having the ability to influence our electrical costs,” he says. “Our family has not noticed the changes made in how we use electricity except that we wash dishes late at night and clothes early in the morning. The family does not seem to mind these changes as it gives an opportunity to help save money.” He says. “If you don’t mind planning a bit on how you use electricity, this plan can really reduce energy costs.”

Recent newspaper articles examine Power Smart Pricing and include additional comments from satisfied customers. Click on the links below to read the articles.

Illinois Ameren Customers Find Savings in Fluctuating Rate Program
St. Louis Post-Dispatch
September 4, 2008

Powerful Pricing Plan: Paying Market Rate Helps Area Residents Cut Down Their Electric Bills
Decatur Herald & Review
September 12, 2008

A Smart Way to Save a Bit on Power
Decatur Herald & Review
September 19, 2008

Learn more about CNT Energy and Power Smart Pricing at CNT Energy’s website.