Monday, June 08, 2009
 
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Citizens Utility Board: Ameren's request a slap in the face to consumers

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[June 08, 2009]  From the Citizens Utility Board:

Donuts"Ameren's $226 million rate-hike proposal is a slap in the face to consumers who already are struggling to pay monthly bills during the economic downturn. The ink is barely dry on Ameren's $160 million rate hike, approved just last year, and the company is back at the table, asking state regulators for a new $226 million increase. The timing couldn't have been worse. Just this past Monday, Ameren customers got the good news that the rates they pay for the actual electricity they use went down. Now, they hear that Ameren has proposed a $226 million 'delivery' rate hike that threatens those gains. CUB will fight Ameren's new $226 million proposed rate hike to protect the June 1 rate cut. Our legal and policy teams will study every number of Ameren's proposal and fight every penny that isn't justified."

[Source: Citizens Utility Board]

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