Ameren Missouri Rate Hike Approved
Missouri Public Service Commission members approve an agreement to increase Ameren Missouri's annual electric operating revenues by around $92 million.
Commissioners say in a news release issued Wednesday that the agreement takes effect April 1. Estimate are that a typical residential customer's monthly bill will increase by about $3.70.
Ameren Missouri filed the rate request in July 2016 seeking a revenue increase of about $206.4 million dollars. The utility said it needed the increased revenue because of new capital investments, transmission and distribution projects, as well as higher transmission operator charges and reduced revenue demand on its system.