• 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 / PSC Grants Ameren Fraction of Rate Increase Requested

PSC Grants Ameren Fraction of Rate Increase Requested

May 22, 2007 By admin Leave a Comment

The Public Service Commission has granted Ameren Corporation – the state’s largest electric utility – a rate increase. But the increase is nowhere close to what Ameren had requested.

PSC Chairman Jeff Davis says Ameren had requested approximately $361-Million and received only $43-Million, which is roughly 13 percent of what had been asked for by the utility. It works out to about a 3-and-a-half percent increase, much like a cost of living adjustment for a wage earner.

With the increase granted by the PSC, the rates for the average residential customer are expected to rise by about $2.33 a month. Anyone wishing to challenge the PSC’s decision has ten days in which to file a motion for a rehearing.

Download/Listen: Steve Walsh report (:60 MP3)

Share this:

  • Facebook
  • Twitter

Filed Under: Politics / Govt Tagged With: Public Service Commission, Utilities

Subscribe to our daily newsletter

Leave a Reply Cancel reply

Your email address will not be published.



Tweets by Missourinet

Sports

Larson’s return complete

Special to … [Read More...]

Pump the brakes on Mizzou hoops and don’t mess with Yadi (PODCAST)

The Bill … [Read More...]

Missouri well represented in college basketball tournaments as March Madness ramps up

Mizzou is … [Read More...]

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...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC