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Regulators expected to approve Ameren rate increase

(file)

By AP/KWMU

Jefferson City, Mo. – AmerenUE power customers 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 rate cut.

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