ST. LOUIS, Mo. (KMOX) – Ameren Missouri is requesting a 23-million-dollar increase in the line on your bill labeled – fuel adjustment charge.
Ameren V.P. of Regulatory Affairs Warren Wood says the charge goes up-and-down based on weather, fuel cost and the open market for electricity. But, for now Ameren says it must go up because the utility can’t sell as much excess electricity on the open market.
So how much would you be expected to pay, should the state approve? 87-cents a month for the average customer, according to Wood.
Meanwhile, a group opposed to the Ameren fee hike says it’s bad for business. Chris Roepe with the Fair Energy Rate Action Fund says car manufacturers, bakeries and any company that uses electricity can’t afford to keep paying more.
“These increases in electric rates that continue to go up by such large amounts every year or several times a year in Ameren’s case, is eventually going to drive people out of business,” said Roepe.
Roepe said Ameren’s rising rates are also hurting young families and seniors on fixed income.