Good News From Ameren Illinois Utilities: Lower Natural Gas Prices for 2009-10 Heating Season
September 21 2009 - 10:47AM
PR Newswire (US)
Utilities Offer Advice on Spending Less by Using Less PEORIA, Ill.,
Sept. 21 /PRNewswire/ -- Ameren Illinois Utilities (AmerenCIPS,
AmerenCILCO, AmerenIP) natural gas customers will see significantly
lower natural gas prices when the 2009-10 heating season begins, as
the utilities continue to encourage customers to take the steps
that will allow them to spend less by using less energy. The drop
in prices is the result of the global recession and the significant
reduction in worldwide demand for energy that has led to an overall
reduction in the market prices of both crude oil and natural gas.
"The good news for our customers is that we expect natural gas
prices will be well below the prices paid last winter," said Ameren
Vice President of Gas Supply and System Control Scott A. Glaeser.
"Furthermore, we have the majority our natural gas supplies hedged
or 'price protected' for the upcoming winter to insulate our
customers from market volatility." Glaeser also stressed that the
Ameren Illinois Utilities (AIU) have secured adequate natural gas
supplies to meet customer needs during the upcoming 2009-10 heating
season. Last October, AIU customers paid an average price of $1.32
per therm for natural gas, while the October 2009 price average
will be $0.56 or 58 percent lower than a year ago. During the
2008-09 heating season, AIU customers paid an average of $0.84 per
therm. AIU is anticipating the 2009-2010 heating season price to
average $0.62 cents per therm or 26 percent less than the prior
heating season assuming normal winter temperatures. "While lower
natural gas prices are welcomed, we recognize and continue to be
concerned about the impact the cost of heating may have on our
customers," Glaeser said. "We will continue to help our customers
understand this issue and provide the information they need to
better manage their energy usage." The three Ameren Illinois
Utilities are energy delivery companies. As such, they must
purchase natural gas from producers for delivery to customers. The
wholesale price paid to producers is not regulated, but rises and
falls based upon market conditions caused by supply and demand. AIU
does not profit from the cost of natural gas paid by customers. The
price of natural gas fluctuates from one month to the next based on
supply and demand. Customers are encouraged to adopt proven energy
conservation practices that will help reduce bills without
sacrificing personal comfort. Glaeser said the place to begin is by
visiting ActOnEnergy.com to review AIU's energy saving tips. In
addition, AIU customers can learn about important cash incentives.
For example, an AIU customer can receive an incentive of up to $200
when installing a high-efficiency natural gas forced air furnace. A
rebate of $20 is paid when a customer purchases an ENERGY STAR
qualified ceiling fan with lights. Ceiling fans enhance both
heating and cooling systems, allowing customers to adjust
thermostats to use less energy. AIU's Act On Energy also offers
discounts for a number of home energy performance improvement
measures: -- Natural gas customers can receive up to $370 for air
sealing that will prevent heating dollars from escaping through
hidden cracks and gaps. -- A rebate of up to $580 for attic
insulation. -- Natural gas customers can receive a rebate of as
much as $660 for wall insulation. -- A rebate of up to $150 is
available to natural gas customers who seal and insulate ducts to
increase efficiency. -- Before making these energy-saving upgrades,
find out if you qualify for these special discounts through the
Home Energy Performance Program. Full details are available at by
calling 1-866-838-6918. In addition, AIU natural gas customers can
receive a $25 rebate when they install an energy saving
programmable thermostat. Details about these and other programs are
available at ActOnEnergy.com or by calling 1-866-838-6918. (Note:
See addendum to this release for conservation tips.) Customers may
enroll in the Budget Billing plan as a way to better manage their
energy bills. This plan allows residential customers to pay the
same amount each month. By enrolling now, customers can begin
leveling out their monthly payments. The plan allows customers to
pay an average monthly bill amount based on the last 12 months of
usage. The payment level is periodically reviewed and adjusted as
necessary. On the 12th month, the account is reviewed to calculate
the difference between the amount of energy used during the year
and the amount paid under Budget Billing. If the amount paid
exceeds the actual cost of providing the energy, the customer
receives a credit. If the amount billed is less than the actual
cost of providing the energy, the customer is billed for the
difference. Customers may enroll in Budget Billing by visiting
Ameren's Web site or by calling their Ameren Illinois Utility
company (AmerenCIPS: 1-888-789-2477, AmerenCILCO: 1- 888-672-5252,
and AmerenIP: 1-800-755-5000). Customers may enroll in the program
or drop out at any time. There is no cost to enroll in Budget
Billing. The Ameren Illinois Utilities (AmerenCIPS, AmerenCILCO,
AmerenIP) have been providing safe, reliable energy delivery
service for more than a century. The Ameren Illinois Utilities
deliver energy to 1.2 million electric and 840,000 natural gas
customers in more than 1,200 communities within a
43,700-square-mile service territory. Heating Season Tips from the
Ameren Illinois Utilities Saving Money Today -- You can save 2 to 3
percent on your heating costs for each degree you lower your
thermostat during the heating season. -- Install a programmable
thermostat to automatically adjust your home's temperature settings
when you are away or sleeping. Visit ActOnEnergy.com for details on
a $25 rebate for natural gas customers. -- Never place a thermostat
on an exterior wall, where it may be affected by outdoor
temperatures. -- Regularly change or wash (depending on type)
furnace filters. This is especially important if you have pets or
live in a dusty area. -- Take advantage of solar heat by opening
curtains, blinds and shades on sunny days. Close curtains, blinds
and shades at night. -- Have your heating system checked and
serviced by a professional before the start of the heating season.
Improperly operating fossil fuel furnaces may pose serious health
and safety hazards, as well as use more energy. Fireplace and
wood-burning stove flues should be inspected and cleaned by a
professional, as well. Install carbon monoxide (CO) detectors in
your home, as required by state law. -- Check for heating system
duct air leaks. Begin by sealing ducts that run through the attic,
crawlspace, unheated basement or garage by using duct sealant
(mastic) or metal-backed (foil) tape to seal the seams and
connections of ducts. After sealing the ducts in those spaces, wrap
the ducts in insulation to keep them from getting hot in the summer
or cold in the winter. Next, seal ducts that you can access in the
heated or cooled part of the house. Properly sealed ducts can
improve your heating system's efficiency by up to 20 percent. --
Replace incandescent bulbs with ENERGY STAR qualified compact
fluorescent lights (CFLs). Unlike incandescent bulbs, CFLs emit
little heat and last seven or more years. Visit ActOnEnergy.com for
details on CFL discounts for AIU customers. -- Use low-cost ceiling
fans or other types of circulating fans. Fans help to evenly
distribute air, eliminating both hot and cold spots. -- When not in
use, keep fireplace and wood stove dampers closed. Look in on
others -- Check in on the elderly and those with medical conditions
to make certain they are safe and comfortable. Saving Money
Tomorrow -- There is no substitute for insulation. Add insulation
if attic floor joists are visible. Visit ActOnEnergy.com for
details on discounts for AIU customers. -- Use of weather-stripping
and caulking helps prevents drafts, keeping homes warmer while
saving energy. -- Make certain exterior doors have a tight fit. --
Look for the ENERGY STAR qualified label when buying appliances,
lights, heating and cooling equipment, doors, windows, home
electronic products, office equipment and more. Americans, with the
help of ENERGY STAR, saved enough energy in 2008 alone to avoid
greenhouse gas emissions equivalent to those from 29 million cars
-- all while saving $19 billion on their utility bills. For
information, call 1-888-STAR-YES or visit:
http://www.energystar.gov/. -- Significant savings can be realized
by installing a high-efficiency heating system. An ENERGY STAR
qualified high-efficiency heating system can save you up to 20
percent on energy costs. Visit ActOnEnergy.com to learn incentives.
-- The Ameren Illinois Utilities recommend customers enroll in the
Budget Billing plan. This free service allows customers to pay the
same amount each month of the year. Customers can enroll on the
Ameren Web site (http://www.ameren.com/) or by calling toll-free
888-789-2477. -- Plant trees around the house. Trees substantially
reduce energy use by shading roofs and walls from the summer sun
and serving as a barrier against winter winds. For more
information, visit MySafeTrees.com. DATASOURCE: Ameren Illinois
Utilities CONTACT: Leigh Morris, +1-217-535-5228, or Victoria
Busch, +1-618-614-3032, or Neal Johnson, +1-309-677-5284, all of
Ameren Illinois Utilities Web Site: http://www.ameren.com/
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