Ameren increases quarterly dividends as they prepare to come before the PSC requesting a rate increase. The board of directors of Ameren Corp declared a dividend increase on its common stock of 3.5%. www.prnewswire.com/news-releases/ameren-corporation-increases-quarterly-cash-dividend-300345208.html ...
Category: Utilities
Big WIN for MO consumers!
Regulators disallowing utility payments at payday loan stations. Allowing monopoly companies to use payday loan stations gives legitimacy to predatory business and facilitates the use of high interest loads to pay for necessary services. Its vitally important to have consumer groups who are willing to advocate for and push for policies that protect citizens from predatory businesses. Support Consumers Council of Missouri along with AARP Missouri, Empower Missouri and other ad ...
Its time for PSC hearing for Laclede
Regulators have issued a scathing report outlining increasing rates and improperly allocated costs by Laclede Gas. Its time to open a formal PSC hearing. ...
Path to Financial Independence
Financial independence and an escape from high-interest payday loans: Prosperity Connection provides a path http://news.stlpublicradio.org/post/collaborative-helps-under-resourced-people-st-louis-achieve-financial-independence#stream/0 ...
Ameren Customer Alert: Details of How, Why Your Electric Bill Went Up in June
Consumers Council of Missouri ST. LOUIS, Mo., July 1, 2015. The rate increase Ameren Missouri won in its most recent rate case showed up on your electric bill last month. From 2007 through 2014, Ameren Missouri received increases of more than 43 percent in the rates that it charges residential consumers. And that doesn't count increases in its fuel surcharge, which adds significantly to the company’s bottom line. During most of that period, when the bulk of Ameren’s custome ...
KCP&L Seeks Extreme Increases in Customer Charge, Electric Rates
Customers May Voice Opposition at Upcoming Hearings KCP&L customers face a whopping 177 percent rate increase in their monthly customer charge if the electric utility gets its way before the Missouri Public Service Commission. In the rate case, which starts with public hearings on Tuesday, April 21, the utility wants to increase the charge to $25 per month from $9 per month. The company is asking also for a 15.8 percent increase in the usage rate. Raising the usage rate f ...
Ameren Wants to Raise Your Rates Again!
Take the Opportunity to Tell Regulators How Higher Electric Bills Would Affect Your Budget Ameren Missouri wants to increase the rates customers pay by nearly 10 percent (9.65 percent) in order to raise its income by $265 million a year. Since 2008 Ameren customers have suffered under rate increases of more than 43 percent. The company also wants to raise the profit it can earn to 10.4 percent from the current 9.8 percent. Consumer advocates want to lower that percentage to 9 ...
Nixon Appoints Ex-Chiefs QB to PSC
St. Louis Beacon, January 9, 2013 Gov. Jay Nixon has appointed Bill Kenney to the Missouri Public Service Commission, a move that could end a temporary logjam for the powerful entity that regulates the state's utilities. Kenney is a former Republican state senator from the Kansas City area who most recently served as Lt. Gov. Peter Kinder’s chief of staff. He is perhaps best known for his tenure as a quarterback for the Kansas City Chiefs. “As a former two-term s ...
Coalition Disputes PSC Ameren Ruling
Jefferson City News Tribune, October 6, 2014 The Fair Energy Rate Action Fund, or FERAF, thinks the Missouri Public Service Commission got it wrong last week. With a unanimous vote, the five-member commission on Wednesday said that Noranda Aluminum had not made its case that Ameren had taken in more money than its current rates allowed, making those rates “unjust and unreasonable.” “Ameren’s own quarterly reports show it has earned excessive profits for the past 33 months, ...
PSC Lands Double Blow on Consumers in 2 Electric Rate Cases, Sides with Ameren
St. Louis Post-Dispatch, October 1, 2014 In dual victories for Ameren Missouri, Missouri regulators dismissed on Wednesday an overearnings complaint against the utility and a request from Noranda Aluminum to reconsider its case for a lower electric rate. The Missouri Public Service Commission’s order denied the southeast Missouri smelter’s rehearing request in a case that began in February. The smelter initially sought a rate that would lower its $170 million annual power bil ...
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