Direct Energy Enters Ameren Residential Electricity Market
With approximately 1.3 million total customers, Ameren ranks as the second largest electricity utility in the state of Illinois.
"For close to a decade, Illinois has had a presence in competitive energy markets, with the supportive efforts of legislators and utility regulators," said Cory Byzewski, Vice President and General Manager of Direct Energy Residential US North. "We are continuing to build on our success of providing customers a choice in the energy marketplace, and grow our business in Illinois which has shown a commitment to competition."
Specifically, Direct Energy will offer residential electricity customers a 12 month fixed rate plan of $.0534 per kWh, which can provide at least a 16 savings off the residential utility rate for electricity. Participants who choose this low fixed rate are protected against rising electricity rates. Furthermore, Direct Energy is confident this is the one of the best offers in the market and will not charge a cancellation fee should participants choose to change providers at any time, allowing customers the ability to have full control over their electric bills.
Direct Energy's entry into the Ameren service territory expands its Illinois footprint for retail energy service. The company already has a strong and established presence in Illinois that serves residential and business customers in the northern parts of the state.
"Direct Energy is a stable, financially strong company, offering integrated home services and energy products in Illinois with a vision for growth and a commitment to competitive markets and the benefits they bring to customers – lower prices, innovative products and great customer service," said Byzewski.
Related News

Wind power making gains as competitive source of electricity
TORONTO - It's taken a decade of technological improvement and a new competitive bidding process for electrical generation contracts, but wind may have finally come into its own as one of the cheapest ways to create power.
Ten years ago, Ontario was developing new wind power projects at a cost of 28 cents per kilowatt hour (kWh), the kind of above-market rate that the U.K., Portugal and other countries were offering to try to kick-start development of renewables.
Now some wind companies say they've brought generation costs down to between 2 and 4 cents — something that appeals to provinces that are looking to…