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Makanda reviews electric aggregation rates as Ameren non-summer rate drops
Summary
Board members reviewed information from SIAP showing Ameren's non-summer supply rate falling to $0.08402/kWh through May 2026; Makanda's contract rate with Homefield Energy is $0.11789/kWh through May 2026 and SIAP is working to find better options for residents for the remainder of the contract.
President Tina Shingleton informed trustees that SIAP circulated an AGE press release noting a drop in Ameren’s non-summer supply rate from $0.1218 per kWh to $0.08402 per kWh through May 2026. The minutes record that Makanda’s current aggregation rate with Homefield Energy is $0.11789 per kWh through May 2026.
Shingleton said SIAP is searching for the best rate options for residents for the remainder of Makanda’s contract with Homefield, which runs through December 2028. The board did not adopt any new electric aggregation contracts at the meeting; the item was informational. The minutes do not quantify potential savings for individual customers or whether the village would change suppliers.
The village posted the AGE press release at the post office and on Makanda Happenings to inform residents of the rate changes. No vote was recorded on altering the existing Homefield contract during the meeting.
