Economic development proposal included in Ameren rate case

3 years 2 months 1 week ago Wednesday, March 11 2015 Mar 11, 2015 Wednesday, March 11, 2015 10:28:00 AM CDT March 11, 2015 in News
By: The Associated Press

ST. LOUIS (AP) - A new economic development incentive that has been presented to the Missouri Public Service Commission would cut the electric bills of many large power users.

The St. Louis Post-Dispatch reports that the proposed incentive pairs electric bill cuts with state and local tax credits for new and expanding companies in Ameren Missouri's territory. The proposal from groups representing Missouri consumers and industrial interests was submitted during Ameren Missouri's general rate case.

It would remove the utility's discretion to agree to certain electric rate reductions with large customers under its existing economic development authority. Instead, it would set a formula to determine whether large industrial customers are eligible for lower electric rates.

An Ameren industrial customer could save as much as one year's worth of electric bills over five years.

 

More News

Grid
List
JEFFERSON CITY - Potentially more than one thousand Missourians could lose their hunting, fishing and trapping licenses after a Department... More >>
59 minutes ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 2:27:00 AM CDT May 24, 2018 in News
NEW YORK (AP) — A federal judge ruled Wednesday that President Donald Trump is violating the First Amendment when he... More >>
8 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 7:10:00 PM CDT May 23, 2018 in Continuous News
ST. LOUIS (AP) — A federal district court in St. Louis has ruled that the Missouri prison system must... More >>
9 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 5:48:22 PM CDT May 23, 2018 in News
MID-MISSOURI - If you look at the forecast you can easily tell that summer is here early. Don't forget that... More >>
9 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 5:43:00 PM CDT May 23, 2018 in Weather
JEFFERSON CITY - A new report by the Missouri Chamber of Commerce identifies challenges in the Missouri workforce. The... More >>
9 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 5:41:00 PM CDT May 23, 2018 in News
(CNN) - NFL players must stand during the National Anthem this season, team owners decided Wednesday, a reaction to fierce... More >>
9 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 5:36:38 PM CDT May 23, 2018 in News
COLE COUNTY - Cole County deputies say a man accused of having pipe bombs was cooperative when they asked to... More >>
11 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 3:54:00 PM CDT May 23, 2018 in News
HALLSVILLE - The NRA Bianchi Cup happens every year in Missouri, however this year, embattled Gov. Eric Greitens made an... More >>
11 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 3:40:00 PM CDT May 23, 2018 in News
COLUMBIA - The Columbia Police Department wants feedback from residents on its community policing initiative. A meeting Wednesday gave people... More >>
12 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 3:25:00 PM CDT May 23, 2018 in News
JEFFERSON CITY - The House Special Investigative Committee continued reading the transcript of the testimony of the woman involved in... More >>
12 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 3:12:00 PM CDT May 23, 2018 in News
JEFFERSON CITY- A revision to Missouri's amateur sports tax credit program could bring more sporting events to Mid-Missouri. The... More >>
12 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 3:04:00 PM CDT May 23, 2018 in News
CALIFORNIA - The Moniteau County prosecutor filed criminal charges against the former California police chief Wednesday. Former police chief... More >>
13 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 2:15:00 PM CDT May 23, 2018 in News
JEFFERSON CITY (AP) - A top official at Missouri's Department of Public Safety had a potential conflict of interest when... More >>
13 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 2:11:00 PM CDT May 23, 2018 in News
LAKE OZARK- Businesses in mid-Missouri face a steep choice when it comes to having live entertainment -- lose the music... More >>
13 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 1:53:00 PM CDT May 23, 2018 in News
JEFFERSON CITY (AP) - A Missouri judge is weighing whether a secretive nonprofit group that supports Gov. Eric Greitens' agenda... More >>
14 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 1:08:00 PM CDT May 23, 2018 in News
COLE COUNTY - The Cole County Prosecutor's Office filed charges Wednesday against a man suspected of having pipe bombs and... More >>
16 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 10:30:00 AM CDT May 23, 2018 in News
JEFFERSON CITY (AP) - Missouri Lt. Gov. Mike Parson says he will be ready to step up if Gov. Eric... More >>
17 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 9:48:00 AM CDT May 23, 2018 in News
COLUMBIA- The city of Columbia will hold the first of seven community policing meetings Wednesday evening. Each meeting is set... More >>
19 hours ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 7:34:00 AM CDT May 23, 2018 in News
Columbia, MO
Broken Clouds 69°
4am 69°
5am 68°
6am 67°
7am 69°