Ameren Illinois says because of a new state law its customers are saving on their electric bill.
The Future Energy Jobs Act went into effect on June 1st and is expected to reduce Ameren Illinois residential customers' future bills by an average of $1.69 per month over 10 years.
Under the new law, Ameren Illinois expects to invest around $99 million in energy efficiency each year for the next four years.
In addition to supporting new efficiency programs, the utility says the new law will help keep two Exelon nuclear facilities in operation, preserve more than 4,000 jobs, and creates new opportunities for additional wind and solar resource development in Illinois.
Under a separate proposal filed in April with the Illinois Commerce Commission, the company announced it plans to decrease its delivery service rates in 2018. An Ameren Illinois residential customer who uses an average of 10,000 kilowatt hours of electricity per year would save approximately $1.70 per month.
The Commission is expected to issue its final order in December.