This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

51 Illinois Communities Choose Homefield Energy To Supply Electricity

COLLINSVILLE, Ill., May 10, 2012 /PRNewswire/ --The consultant group representing 51 Central and Southern Illinois communities announced Tuesday May 9, 2012 that Homefield Energy has been selected to serve as the new residential electric supplier. Homefield Energy is the residential electric supply option from Ameren Energy Marketing, a retail electric supplier that operates wholly independently from Ameren Illinois Company. Ameren Energy Marketing is a subsidiary of Ameren Corporation (NYSE: AEE). The switch to Homefield Energy electric supply will begin in early June.

"We couldn't be more pleased that the residents of these Illinois communities have selected Homefield Energy as their electric supply choice," said Steven R. Sullivan, president and CEO of Ameren Energy Marketing. "The transition should be seamless; the only difference customers will notice is a lower supply cost on their utility bill. Our employees know these Illinois communities and our energy centers are based in the state. Choosing Homefield Energy supports an Illinois business and local workers, keeping the dollars you spend right here."

The new supply rate will provide an estimated 30 percent savings for an average residential customer that uses approximately 800 kilowatt hours per month. The savings will appear on the energy supply portion of customers' current electric utility bills. Each customer's actual savings will vary based on specific usage patterns. According to the guidelines of municipal aggregation, eligible customers are automatically enrolled in the program unless the customer affirmatively "opts-out" of the program. Homefield Energy will notify customers of their right to opt-out with a mailed notice prior to the start of the service period

"Offering customers measurable savings and providing them with a seamless transition to Homefield Energy is our number one focus," said Tom Leigh, director of Sales and Marketing for Homefield Energy. "We have a dedicated team of experienced professionals located in Illinois ready to assist our customers with any questions or concerns they may have. We're excited to demonstrate why the Homefield Energy advantage is the best choice for Illinois energy customers."

Homefield Energy has been awarded contracts of two years in length. The two-year term price is $0.0408 per kilowatt-hour. Combined annual contract volume for all communities will be up to 2 billion kilowatt-hours annually.

For more on municipal aggregation representatives can be reached at 866.694.1262 or visit www.HomefieldEnergy.com

Ameren Energy Marketing d/b/a Homefield Energy is an independent seller of power and energy service and is certified as an Alternative Retail Electricity Supplier by the Illinois Commerce Commission (ICC Docket No. 11-0673). Ameren Energy Marketing and Homefield Energy are not representing, or acting on behalf of, the local distribution company that delivers electricity to your community. Switching electric suppliers will not impact the reliability of electric service that your community currently receives from your local distribution company.

SOURCE Ameren Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,124.13 +72.40 0.42%
S&P 500 1,985.06 +11.43 0.58%
NASDAQ 4,459.19 +34.4860 0.78%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs