The third round of electric aggregation bids has come and gone and the City of Clinton, along with several other communities in the area, will see steady electric rates in this round of bidding.

Clinton City Administrator Tim Followell indicates the latest cycle keeps the City with the same provider and rates that are in line with rates of prior bid cycles. He points out, the City is able to secure such a low rate for energy because of the size of the group they are bidding with. 

To get a better bid on energy rates during the winter months, Followell explains this bid cycle is significantly shorter as they seek to lock in a better rate towards the first of the year. He implores consumers to keep an eye on Ameren rates and do a comparison when those are released later this summer.

The idea for electric aggregation is to give consumers the option of the best possible price for energy and Followell explains, there is a lot of flexibility on the consumer side as well when opting in or out of the program. He warns though, you need to watch out for other companies looking to capitalize on this process.

Residents may have already received a notice of the process already, if you have not, be on the lookout for that in the near future. The notice will have the rate locked in for the upcoming months and also information about getting out of the program if you choose.