Ameren Missouri Seeks Rate Increase to Fund Electric System Upgrades and Cleaner Energy
Portfolio Pulse from Benzinga Newsdesk
Ameren Missouri, a subsidiary of Ameren Corporation (NYSE:AEE), has filed a request with the Missouri Public Service Commission to adjust its electric base rates by mid-2025. The rate increase aims to fund major electric system upgrades and cleaner energy investments. If approved, the average residential customer would see an increase of about $17 per month.
July 01, 2024 | 10:56 am
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Ameren Missouri has filed for a rate increase to fund electric system upgrades and cleaner energy investments. If approved, this could lead to higher revenues for Ameren Corporation (NYSE:AEE) starting mid-2025.
The rate increase, if approved, will directly impact Ameren Corporation's revenues positively by mid-2025. The company's focus on system upgrades and cleaner energy aligns with regulatory and consumer trends, potentially enhancing its market position.
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