The City’s Municipal Electrical Aggregate will end in December, 2025. During this year’s bidding process, the City was unable to secure through the aggregate process a lower rate than Ameren. Residents on the City’s aggregate will automatically return to Ameren at a lower rate. You still have the option to choose an electrical supplier other than Ameren, within two months, although Ameren will remain your provider.
What incentives does the Effingham Enterprise Zone Offer?
Property tax abatement (property tax abatement is not available when the Enterprise Zone and TIF overlap)
Industrial – 7 years
Commercial – 3 years
Newly constructed multi-family residential – 3 years
Newly constructed single-family residential – 5 years
Sales tax exemption for permanently affixed building materials on industrial and commercial projects, newly constructed single-family and multi-family residential projects, and residential rehabilitation projects with a total project cost of $50,000 or more
