Ameren Rate Increase Public Hearings Start Today, Do You Support the Increase?

The Missouri Public Service Commission is hosting a dozen meetings in St. Louis and beyond to ask residents for input on an average 14 percent rate increase.

Ameren Missouri wants to raise their rates by 14.6 percent, but first they must hear the public’s opinion.

The increase, according to an Ameren pamphlet regarding the increase, would increase the company’s revenues by approximately $376 million. Ameren cites higher fuel costs and infrastructure improvements as some of the reasons for the rate increase, according to an Ameren press release.

“Our customers have consistently told us that reliability is their highest priority and that they also want cleaner air,” said Ameren Missouri Chairman, President and CEO Warner Baxter, in a press release. “Over the last several years, we have made significant investments in our infrastructure that are producing results. Over the last five years, distribution system reliability and sulfur dioxide emissions at our power plants have improved significantly for the benefit of customers.”

Back in February, Ameren asked the Missouri Public Service Commission, which oversees electricity and telecommunications, to approve the rate increase -- the fifth rate increase in six years.

The commission will be hosting the meetings throughout Missouri to ask for input over whether or not to approve the increase. The commission has until January of 2013 to make a decision.

For a list of locations and dates of the public hearings see Ameren’s pamphlet in the PDF section of this story.

So what do you think? Should the Missouri Public Commission approve the rate increase? What would you say to Ameren officials about the rate increase? Tell us in our comments.

Artichoke Annie July 27, 2012 at 12:42 PM
Deja Vu all over again. Less than a year ago, September 27, 2011, I wrote about Ameren and its then rate increase request: http://www.helloartichokeannie.blogspot.com/2011/09/keeping-eye-on-bottom-line-american.html Some things never change.
Phil Gonzalez August 03, 2012 at 06:38 PM
America has become a land of a million or more "East India Trading Corporations". Thank you for the Boston Tea Party. Too bad Americans don't understand that the US Constitution is a compromise between Freedom & Slavery & that freedom requires a majority of educated citizens to defend Freedom against Slavery.


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