State regulators approve Ameren Missouri's plan to reliably serve new large businesses, boosting state's economy while safeguarding consumers
"Our plan is built on a simple principle:
The goals of the plan are:
-
Job creation: The plan aims to create meaningful job growth by making
Missouri even more attractive for new and existing businesses to develop or expand. - Community betterment: The plan is an economic catalyst, bringing new revenue sources for essential community services such as schools, fire protection and other public infrastructure.
- Fair cost allocation: The plan reasonably ensures large electric load customers pay their fair share of service costs, protecting other customers from unjust or unreasonable charges.
The approved Ameren Missouri plan includes strict consumer protection measures, aligned with the new state law (
- No rate discounts or incentives for large load customers.
- Minimum monthly demand charge of 80% of the large load customer's maximum requested electric demand, even if they use less.
- Required long-term contracts of at least 12 and up to 17 years, with automatic extension and early termination fees if minimum obligations are not met.
- Sharing revenues with other customer classes, including income-eligible customers, when Ameren Missouri's profits exceed authorized levels.
The Powering Missouri Growth Plan offers competitive terms that protect existing customers and supports the state of
"Availability, reliability and affordability of energy are among the top considerations for any business looking to locate in our state," said
The plan also provides options for industrial customers to meet their own clean energy targets. Ameren Missouri's Clean Energy Advancement programs, optional programs offered at a premium for those businesses that desire them, are available to eligible customers.
"Our plan is about powering growth, while also investing in enhancing grid resiliency in a sustainable manner," said
Ameren Missouri is well positioned to serve new large load customers without compromising reliability and resiliency for other customers. In
For more information about the plan, visit Ameren.com/PoweringMissouriGrowth.
About Ameren Missouri
Ameren Missouri has been providing electric and gas service for more than 100 years, and the company's electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for its approximately 1.3 million electric and 135,000 natural gas customers in central and eastern
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SOURCE Ameren Missouri