• Home
  • News
    • Business
    • Crime / Courts
    • Health / Medicine
    • Legislature
    • Politics / Govt
  • Sports
    • The Bill Pollock Show
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Missourinet

Your source for Missouri News and Sports

You are here: Home / Politics / Govt / Deal Between State And AmerenUE Would Lower Electric Rates For Customers

Deal Between State And AmerenUE Would Lower Electric Rates For Customers

July 16, 2002 By admin Leave a Comment

An ongoing challenge of the rates charged by the state’s largest electic company results in a deal for a rate reduction. It stems from a six-year experiment that saw AmerenUE policing its own rates. Attorney General Jay Nixon says the deal struck between the state and AmerenUE results in a rate reduction that benefits consumers. The settlement will result in residential electric rates being lowered by approximately 5.4 percent over the next three years, consumers will receive one-time credits totaling $40-Million, and small business consumers would receive an additional $3-Million in rate relief over three years to promote economic development – resulting in a rate decrease of over 6-percent for those consumers. In addition, a low-income weatherization fund would also be created and funded with $4-Million. The deal must still be approved by the Public Service Commission.

Share this:

  • Facebook
  • Twitter

Filed Under: Politics / Govt Tagged With: Attorney General, Jay Nixon, Public Service Commission

Subscribe to our daily newsletter

Leave a Reply Cancel reply

Your email address will not be published.



Tweets by Missourinet

Sports

Missouri State cruises into semis at Arch Madness

Third-seede … [Read More...]

Billikens never trail in topping UMass at A-10 tourney

Saint … [Read More...]

Cardinals and Royals will have fans at The K and Busch Stadium this season.

After … [Read More...]

Mizzou falls to Alabama in SEC Tournament

Mizzou … [Read More...]

Girl hurt in crash with ex-Chiefs Coach “likely has permanent brain damage”

A girl … [Read More...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC