Public forum planned on Ameren Illinois’ proposed $1.3 billion rate hike

(The Center Square) – The Citizens Utility Board is asking consumers to make their voices heard to the Illinois Commerce Commission on Ameren Illinois’ $1.3 billion, four-year electric rate-hike request.

CUB said that proposed increase plus five other gas or electric rate hike requests by utility companies this year total a record $3.7 billion.

“Of course, Ameren has to maintain its system, but the utility doesn’t deserve a blank check and we’re doing everything we can to reduce this proposed increase,” said CUB Executive Director Sarah Moskowitz.

According to CUB, the cost increases proposed by Ameren would add up to about $12 more per month initially and, by 2027, about $31 more per month on an average residential bill.

Ameren has said the rate hike is needed for the company’s clean energy transition.

- Advertisement -

“We support the clean energy transition. As required by law, we filed a multi-year grid plan to continue to provide safe, reliable and resilient energy delivery systems for our customers. The plan facilitates the adoption and development of local, clean energy generation, promotes the long-term growth of cleaner energy, and operates the infrastructure that will support electrification of the downstate Illinois economy,” Ameren said in a statement.

The ICC will hold a public forum on the request at 6 p.m. Wednesday, July 19 at the Decatur Civic Center.

Jim Chilsen, communications director for CUB, said it is a chance for Illinoisans to express their opinions to the ICC.

“This is democracy in action,” Chilsen told The Center Square. “We want people to have their voices be heard and this is a chance to let the Illinois Commerce Commission know how you feel about Ameren’s four-year, $1.3 billion dollar rate hike.”

Chilsen reminds people they can also provide input on the Illinois Commerce Commission website.

CUB plans to support more than $500 million in reductions to the proposed increase, working with other parties in the case, including the Illinois Attorney General’s Office.

- Advertisement -

Ameren’s request follows a $1.5 billion rate increase that ComEd is asking state regulators to approve.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

U.S. lays out terms for trade deal with Canada

U.S. leaders want American products, including whiskey and milk,...

DOJ posts thousands of Epstein documents to partially comply with law

The Department of Justice has posted thousands of court...

EXCLUSIVE: New House committee report highlights increasing terrorism threat in U.S.

The U.S. House Committee on Homeland Security has released...

Republican proposes fix to employees “double dipping” taxpayer-subsidized leave

(The Center Square) - Facing another multi-billion-dollar state deficit,...

Hegseth promises to fix barracks, but work could take time

Secretary of War Pete Hegseth has pledged to tackle...

Gov. Ferguson announces subsidized housing package, new state agency

(The Center Square) - Gov. Bob Ferguson has announced...

Year in Review: CDL oversight intensifies

(The Center Square) – Oversight of commercial driver’s licensing...

More like this
Related

U.S. lays out terms for trade deal with Canada

U.S. leaders want American products, including whiskey and milk,...

DOJ posts thousands of Epstein documents to partially comply with law

The Department of Justice has posted thousands of court...

EXCLUSIVE: New House committee report highlights increasing terrorism threat in U.S.

The U.S. House Committee on Homeland Security has released...

Republican proposes fix to employees “double dipping” taxpayer-subsidized leave

(The Center Square) - Facing another multi-billion-dollar state deficit,...