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Thursday, May 24, 2007


The Missouri Public Service Commission on May 22 approved an electricity rate hike for Ameren Corp. that will cost the company’s Missouri customers an estimated $43 million a year. The increase, however, fell well short of the $361 million hike Ameren sought.
The Office of the Public Counsel maintained Ameren is already overcharging customers and recommended a $179 million rate decrease. The PSC’s own staff recommended a $168 million decrease. The PSC approved the rate hike on a 4-1 vote, with Commissioner Steve Gaw as the lone dissenter. Ameren has faced much criticism in the last year for repeated and prolonged outages that left hundreds of thousands of its customers without power.

1 comment:

Anonymous said...

This is wrong, lets look at the amount of money they spend on executive salaries and advertisements