Ameren Missouri’s Rate Hike Request Granted

State regulators have approved a $260 million rate increase for customers of Ameren Missouri. The rate hike, approved today is intended to cover such things as the utility’s rising fuel costs, infrastructure improvements, vegetation trimming and storm repairs. The increase is about two-thirds of what Ameren had requested and should cost the average residential customer about $10 per month. This is the fifth rate hike in the past six years for Ameren.