Power Smart Pricing is an hourly electricity pricing program for residential customers served by Ameren Illinois. The price you pay for electricity will vary hour by hour based on actual market prices. Power Smart Pricing uses “day-ahead” prices, meaning the price for each hour of the day is set the night before. Your bill is calculated using the hourly, day-ahead market prices and your corresponding hourly usage. If you are able to shift your electric usage to different times of the day you can take advantage of lower priced hours. You can manage your electricity costs by using energy wisely during hours when prices are higher.
Participating in Power Smart Pricing helps reduce electricity use during peak demand times. This can help you save on costs and ease the stress on the power distribution system, making the electric service more reliable for your community. It also reduces the need to build or operate additional power plants, lowering greenhouse gas emissions.
Enrolling is easy. You can enroll in the Power Smart Pricing program anytime here online or by phone. We are available Monday-Friday from 8 a.m.-5 p.m.
Phone: 888.596.5498
To help you plan your electricity use for the following day, Power Smart Pricing will send you a high price alert if prices will be 9 cents per kWh or higher for any number of hours the following day. The alert is sent the evening in advance between 5 p.m. and 10 p.m. via the method of your choice – phone, text message or email. The alerts will let you know when it is a good time to pay special attention to your electricity use.
For questions related to Power Smart Pricing program services, such as electricity pricing information, your bill comparisons or high price notifications, please contact the Power Smart Pricing team.
Email: PowerSmartPricing@ameren.com
Phone: 888.596.5498
Have a question about how Power Smart Pricing works? We may have already answered it here in our guide.
Power Smart Pricing participants receive seasonal newsletters containing program updates, information about electricity price patterns, and tips on saving energy and money with hourly electricity pricing. In addition, each spring participant receives a summer readiness guide highlighting tips for managing electricity costs during the summer when hourly prices fluctuate most. Participants also receive a winter readiness guide toward the end of the year.