ST. LOUIS (KMOX) -Your electric bill will likely go up by late this year or early January. Ameren Missouri has applied for a three-hundred-76-million-dollar rate hike with the Public Service Commission.
Kevin Gunn is Chairman of Missouri’s Public Service Commission and he tells KMOX, the rate increases are typically for fuel costs and operating expenses. Gunn says Ameren pays their costs up front and attempts to recover them from the consumer. Then, the P-S-C goes through the requests and determines if the expenditures are prudent.
If the commission determines they are fair, the rate hike is approved…..Perhaps you’re asking if the P-S-C ever refuses utility increases…….Gunn says public hearings go into their decision and while generally the entire rate increase request is not completely denied, sometimes portions of it are.
Public meetings will start on July 26th at Harris Stowe State University in St. Louis. The last hearing will be on August 23rd at Truman State. For a complete list of hearing locations and times, go to www.psc.mo.gov
You can also call (800) 392-4211