Ameren Illinois recently said its customers can look forward to a reduction in their energy bills over the next ten years thanks to the Future Energy Jobs Act, which was signed by Gov. Bruce Rauner in December.
The act will be responsible for residents' monthly savings, beginning in 2018, as well as job retention at two Exelon nuclear facilities. The act also will provide opportunities for more wind and solar power development in Illinois.
Richard J. Mark, chairman and president of Ameren Illinois, said the company has potential to increase efficiency and decrease spending for families, who will soon receive an average monthly saving of $1.70 per month.
"From the first day this legislation was proposed, our singular focus was on ensuring Ameren Illinois customers would benefit from any bill before we would commit our support," Mark said.
Ameren Illinois, which is a subsidiary of Ameren Corporation, will be investing around $99 million into efficiency over the next four years, which will continue what the corporation started over nine years ago with the reduction of energy consumption by 11.8 million megawatts.
The customers who benefit will be those who use 10,000 kilowatt hours of electricity each year. Final plans will be solidified in December.