By Jacob Barker
April 25, 2014
STL
Ameren Illinois is asking Illinois regulators to approve higher rates for next year as part of the formulaic rate-setting process set up by the state’s 2011 “smart grid” law.
The Illinois subsidiary of St. Louis-based Ameren Corp. is asking for a revenue increase of $69 million, according to its petition filed with the Illinois Commerce Commission. The overall increase next year, though, would be $206 million because of expiring adjustments and new surcharges taking effect.
That will hit an average customer in the wallet for somewhere between $6.37 and $9.55 per month, or 8 percent to 13 percent of their current bill, depending on their location. The utility defines an average customer as a household that uses about 10,000 kilowatt-hours a year.