Category: Utilities

Editorial: Split the Utility Baby in Noranda-Ameren Dispute Over Rates

St. Louis Post-Dispatch, August 5, 2014 If you rely on Ameren Missouri for electricity, as most people in the region west of the Mississippi do, here is what you need to know about the utility monopoly’s months-long rate battle with its largest customer: One way or another, you are going to pay more. In March, Noranda Aluminum, which operates a huge smelter in New Madrid in southeast Missouri, said it needed lower rates to stay competitive in a depressed aluminum market. M ...

Ameren Seeks More from Consumers Through Monthly Fuel Charge Hike

Associate Press, July 29, 2014 JEFFERSON CITY, Mo. • Ameren Missouri is seeking approval to add about $1.50 to customers' monthly electric bills. The Missouri Public Service Commission says Ameren wants to adjust the monthly fee that compensates the utility for changes in fuel costs at its power plants among other things. The PSC says the proposal would increase the fee on an average residential customer's electric bill to $5.17 from the current $3.63 a month. It ...

Consumers Fight for Fairness in Overearning Case Against Ameren

St. Louis Post-Dispatch, July 27, 2014 When it comes to electric rate fights, Ameren Missouri is undefeated over the last decade. Rate increases: 5. Rate decreases: 0. On Monday, consumer groups will take another go at the St. Louis-based electric utility. The Missouri Public Service Commission carved out the whole week to take testimony and evidence in the case, which accuses Ameren Missouri of earning more profit than regulators allow. Not only that, they will argue t ...

Regulators Weigh Ban on Payday Lenders Collecting Bills for Utility Companies

Kansas City Star, July 18, 2014 Many utilities allow payday lenders to collect utility bill payments from customers, but Missouri regulators are considering whether to stop the practice. The dispute has simmered for years. Critics say it’s ridiculous to collect utility payments at places they say provide loans at sky-high rates and target cash-strapped consumers. Customers pay off their utility bills but may find it too convenient to take out a loan to do so. Utilities def ...

Ameren Seeks $264M From Consumers Despite Strong Earnings Performance

St. Louis Post-Dispatch, July 4, 2014 Ameren Missouri filed a request Thursday to raise electric rates by nearly 10 percent, the sixth time since 2006 the state’s largest utility has sought a general rate increase. The St. Louis-based utility is seeking permission from its regulator, the Missouri Public Service Commission, to increase rates by $264 million. If the PSC grants Ameren the full request, the typical household would pay about $10 more a month in utility bills. The ...

Regulators Allow Ameren Rate Increase

St. Louis Post-Dispatch, May 22, 2014 Ameren Missouri customers will be paying a little more for electricity starting later this month. The Missouri Public Service Commission has approved an increase in the surcharge customers pay to account for Ameren's fuel and power purchases. The fuel adjustment clause will rise by 66 cents a month to a total of $3.63 for a residential customer using 1,100 kilowatt-hours of electricity a month. The change will take effect May 27. Th ...

Customers Claim Utilities Violated Missouri’s Renewable Energy Law

St. Louis Post-Dispatch, May 14, 2014 As a rebate that subsidized rooftop solar panels nears its end, two Ameren Missouri customers have filed a formal complaint with the state’s utility regulator in an attempt to keep the money flowing. The complaint, submitted Wednesday to the Missouri Public Service Commission, accuses Ameren Missouri of violating the state’s renewable energy law when it denied their rebate applications. State law keeps utilities’ renewable energy efforts ...

Activist Shareholders Make Headway Questioning Ameren’s Political Activities

St. Louis Post-Dispatch, April 24, 2014 Ameren shareholders Thursday voted down two proposals offered by activist shareholders, but the measures still drew significant support from investors at the company’s annual shareholders meeting. The board of directors at the St. Louis-based power company had recommended that the two proposals be rejected. The first proposal, which would have required Ameren’s chairman be an independent member of the board of directors, was backed by ...

Consumer Groups Back Noranda in Fight with Noranda Over Electric Rates

St. Louis Post-Dispatch, March 31, 2014 A dispute between a major employer in the Missouri Bootheel region and St. Louis-based Ameren Corp. is commanding attention from consumer groups, cities and even the world’s largest retailer, creating unusual alliances in the process. Noranda Aluminum Holding Corp., which operates a smelter in New Madrid that employs 888 people, is seeking sharply lower electric rates, something it says it needs to preserve jobs in an economically depress ...

Consumers Assert Ameren Profitted Millions More Than It Should Have

St. Louis Post-Dispatch, March 25, 2014 Ameren Missouri’s largest customer says the utility earned $44.6 million more than legally allowed from October 2012 through September 2013, according to documents unsealed Tuesday. Noranda Aluminum Holding Corp., which operates a smelter in New Madrid, last month filed a complaint against Ameren with the Missouri Public Service Commission, saying the utility made more money than it was allowed. The amount, though, was unknown until ...

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