Electric Utility Bill Credit Information
The City of Sullivan Electric Department purchases our power from the Illinois Municipal Electric Agency (IMEA). The IMEA, representing 33 communities then purchases blocks of electricity, through a long term power supply agreement with Ameren/Dynegy. In 2011 Ameren increased the wholesale distribution rate to IMEA, which was passed on to Sullivan, and our customers. The IMEA filed an appeal with the Federal Energy Regulatory Commission protesting the rate hike. The appeal was settled in favor of the IMEA. In October 2014 a refund was issued by Ameren to the IMEA and in January 2015 the IMEA refunded our share of that amount.
As most of you know, the electric department recently completed major upgrades, including 3 new engines, upgrades to our existing engines, bringing the power plant up to date and replacing the poles between Bethany and Sullivan that provide the Ameren energy. These projects are being paid with City electric funds and TIF funds, through the Build America Bonds. The electric department also recently made a final deposit to our System Improvement Fund, which by ordinance stops at 1 million dollars.
With the Ameren refund, our power plant and supply line poles being up to date, and our System Improvement Fund able to handle upgrades that might be needed in the future, the City Council is passing along a $200.00 credit for electric service to those electric customers who were billable on 12/31/14.
This $200.00 credit will appear on your next utility (electric) bill.
We are proud of our municipal utility system, and want to show our appreciation to all of our citizens with this credit.
Contact Commissioner Mike Kirk at 217-728-4160 with any questions.