Regulators Poised to Grant Rate Increase to Ameren - KAIT Jonesboro, AR - Region 8 News, weather, sports

Jefferson City, MO

Regulators Poised to Grant Rate Increase to Ameren

JEFFERSON CITY, MO - Electric customers of AmerenUE could soon be paying more.

The Missouri Public Service Commission is expected to grant a rate increase to the St. Louis-based utility.  The vote could come as soon as tomorrow.

If commissioners follow a scenario they outlined, Ameren's revenues would rise by about $45 million annually.  That would result in a 3.4 percent rate increase for the average residential customer.

Ameren is Missouri's largest electricity provider, serving 1.2 million customers.

The rate increase would fall significantly short of the $361 million originally sought by Ameren.  By contrast, staff for the Public Service Commission originally recommended a $168 million decrease.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

 

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