Understanding your Ameren/CIPS bill
I keep hearing all these horror stories about how Ameren/CIPS bills are suddenly double what they were in December. I too, was horrified when I received mine this month. This is the first full month of billing with the new electric rates imposed after 10-year rates freeze.
I started dissecting my bill to determine why I was told there would be a 40-percent increase in electric rates, but my bill was nearly double the last one.
First off, I subtract the gas portion. January was sixteen degrees colder than December, and the difference between thirty-nine and twenty-three was sure felt on my furnace. Without the gas charge, I am now comparing apples to apples.
Next I add up all the charges to compare the rates. Someone had showed me their bill and their total rate appeared to have gone from around 7.5 cents to over 15 cents per kWh. That is far more than 40-percent and I wanted to make sure that wasn’t the case.
At first I was concerned, as when I added my rates I got the same result. But studying it further, I realized Ameren/CIPS now charges a different rate for usage over 800 kWh. So adding the columns isn’t the correct method for figuring your total rate. As a matter of fact, your rate will differ depending on your total usage because of these varying rates.
Ameren has stated that your electricity will cost you about one dollar per day more. This does not relate to the stories I’ve heard, but when I finally worked through all the rates, taxes, and miscellaneous charges on the electric portion of my bill, the difference between the old rates and the new was $30.89 for a 31-day period. As much as I wanted to call Ameren out on this, what they said (at least in my case) was true.
This is in no way an endorsement of the Ameren or the rate increase. I understand there is some issues with Ameren previously offering incentives for homes to switch to all electric and those discounts expired without warning when the rate increase went into effect. And that sure does smell of a bait and switch scheme.
I try to keep an open mind about the rate increase and being forced to charge the same amount for ten years. That doesn’t work well with economics 101. But I also think Ameren is overplaying hand stating the continued rate freeze would force them into bankruptcy. But one thing I am certain of, Ameren told me my electricity would cost me about one dollar per day more, and at least for the first month, they were right on target.
I created a rate calculator and posted it on my website at www.savemattoon.org. You can enter you kWh usage from your CIPS bill and it will compare the new rates with the old. There are some changing variables so it is not exact, but it was within a couple of dollars on every one of my 2006 bills.
I started dissecting my bill to determine why I was told there would be a 40-percent increase in electric rates, but my bill was nearly double the last one.
First off, I subtract the gas portion. January was sixteen degrees colder than December, and the difference between thirty-nine and twenty-three was sure felt on my furnace. Without the gas charge, I am now comparing apples to apples.
Next I add up all the charges to compare the rates. Someone had showed me their bill and their total rate appeared to have gone from around 7.5 cents to over 15 cents per kWh. That is far more than 40-percent and I wanted to make sure that wasn’t the case.
At first I was concerned, as when I added my rates I got the same result. But studying it further, I realized Ameren/CIPS now charges a different rate for usage over 800 kWh. So adding the columns isn’t the correct method for figuring your total rate. As a matter of fact, your rate will differ depending on your total usage because of these varying rates.
Ameren has stated that your electricity will cost you about one dollar per day more. This does not relate to the stories I’ve heard, but when I finally worked through all the rates, taxes, and miscellaneous charges on the electric portion of my bill, the difference between the old rates and the new was $30.89 for a 31-day period. As much as I wanted to call Ameren out on this, what they said (at least in my case) was true.
This is in no way an endorsement of the Ameren or the rate increase. I understand there is some issues with Ameren previously offering incentives for homes to switch to all electric and those discounts expired without warning when the rate increase went into effect. And that sure does smell of a bait and switch scheme.
I try to keep an open mind about the rate increase and being forced to charge the same amount for ten years. That doesn’t work well with economics 101. But I also think Ameren is overplaying hand stating the continued rate freeze would force them into bankruptcy. But one thing I am certain of, Ameren told me my electricity would cost me about one dollar per day more, and at least for the first month, they were right on target.
I created a rate calculator and posted it on my website at www.savemattoon.org. You can enter you kWh usage from your CIPS bill and it will compare the new rates with the old. There are some changing variables so it is not exact, but it was within a couple of dollars on every one of my 2006 bills.
