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ICC Disallows Ameren Rate Hike

The Illinois Commerce Commission disallowed $36.34 million to Ameren Illinois’ rate request for gas delivery.  The decision is 50.8 percent lower than Ameren’s initial request for a $71.57 million increase and approves a 9.44 percent return on equity. 

 

The ICC issued its decision after closely scrutinizing Ameren’s rate case filings and additional materials submitted by the utility, Commision Staff, and various interveners over an 11-month legal proceeding.  ICC Chariman Doug Scott says that as the state embarks towards a 100% clean energy economy, gas systems operations will not continue to exist in its current form.  

 

The decision also establishes a new low-income discount rate for eligible customers whose incomes are up to 300% of the Federal Povery Level, offering a 5.75% monthly total bill credit for qualifying customers beginning in October, 2024. In December, the ICC found the implementation of low-income discount rates to be appropriate for Illinois’ electric and natural gas residential customers. Customers already enrolled in the state’s LIHEAP program will automatically qualify for the new rate. 

 

Ameren Illinois delivers natural gas to 800,000 residential, public sector, and business customers in more than 1,200 communities throughout central and southern Illinois.  Find out more information on the commission by following them on social media. 

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