Illinois Wholesale Prices
Summer’s energy prices are upon us… however, they were set back in April 2018.
The winning bids were from energy suppliers that include: private companies, utility owned generation, municipal owned generation and out of state power companies.
Winning suppliers include:
- Axpo U.S. LLC
- Shell Energy North America (US), L.P.
- Dynegy Marketing and Trade, LLC
- The Energy Authority, Inc.
- Exelon Generation Company, LLC
- TransAlta Energy Marketing (U.S.) Inc.
- Macquarie Energy LLC
- Union Electric Company d/b/a Ameren Missouri
- NextEra Energy Marketing, LLC
These entities represent part of the wholesale power market; entities capable of generating electric power. Realgy buys from these same companies.
The average pricing for June-Aug 2018 ranged from $0.01995 to about $0.03 kWh. The utility increases this cost to roughly $0.05-0.06 to cover their costs. Realgy has less costs to cover and can charge less. This is for the energy portion of your bill. The distribution costs (which are roughly ½ of a bill) are the same whether you are with Realgy (energy marketer) or the utility.
Realgy saves customers money by purchasing in the wholesale market and increasing the wholesale price less than the utility.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.ipa-energyrfp.com/?wpfb_dl=1623