06/11/2026
Mt. Sterling Signs Agreement with Homefield Energy for Electric Aggregation Program
The City of Mt. Sterling has signed an agreement with Homefield Energy to provide electricity supply for the City's electric aggregation program, a move expected to save participating residents approximately 5 percent on their electricity supply costs over the contact's 17-month term, beginning in August.
Under the agreement, Homefield Energy of Collinsville will supply electricity to eligible residential customers who participate in the City's aggregation program. The rate secured through the competitive bidding process is projected to provide savings of 5 percent compared to Ameren Illinois' residential supply price over the life expectancy of the contract.
“We are pleased to offer residents an opportunity to reduce their electricity costs through the City's aggregation program,” said Mayor Billie Burge. “By leveraging the purchasing power of our community, we were able to secure a competitive rate that is expected to provide meaningful savings for participating households.”
While Homefield will supply the electricity, Ameren Illinois will continue to deliver electricity, maintain electric facilities, respond to outages, and provide customer billing services.
Participation is voluntary, and residents can opt out at any time and at no cost if they prefer to remain with Ameren Illinois or choose another supplier. Letters explaining the program, enrollment, and opt-out details, will be mailed to each eligible resident in mid- June.
Residents with questions can access a flier on frequently asked questions at city hall, Mon-Fri, 8:00 am to 4:00 pm or may also contact Homefield tollfree at 866-694-1262 for information and to opt out.