Regulators poised to grant Ameren rate increase - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Jefferson City, MO

Regulators poised to grant Ameren rate increase

Regulators poised to grant Ameren rate increase
By: Associated Press

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 Tuesday.

If commissioners follow a scenario they outlined, Ameren's revenues would rise by about $45-million annually. That would result in a 3.4% 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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