the republic logo

Missouri utility regulator says Ameren electric rate increase amounts to $121M

bug
Share/Save/Bookmark

JEFFERSON CITY, Missouri — The largest electric utility in Missouri will be able to charge an additional $121.5 million to its customers starting May 12.

The Missouri Public Service Commission Thursday released an updated estimate of the amount Ameren Missouri can charge customers following a rate increase.

Commission staff say the average residential customer will see an increase of $5.45 a month.

The $121.5 million increase is less than half the $264 million Ameren requested in July.

But it's higher than the $108 million estimate provided by staff Wednesday when the commissioners approved the increase.

The updated estimate incorporates other elements of that decision.

The commission also approved a reduced electric rate for a Noranda Aluminum Inc., smelter in southwest Missouri. The company says it needed the rate cut to continue operations there.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.