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 According to officials of the utility, the typical Ameren
residential customer using 10,000 kilowatt-hours of electricity a
year will save about $100, or 8 percent, on the price of
electricity.
Ameren officials attributed the reduction to a decline in the
wholesale cost of electricity due to reduced demand.
However, officials of the Citizens Utility Board say the drop in
electric rates announced Friday by Ameren and last week by ComEd was
also due to a new power-purchasing system.
Through the Illinois Power Agency, power
generators submit sealed bids to sell power in the state. Through
the agency, a price for power is negotiated.
[Associated Press]
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