In south St. Louis County at the first of two public hearings on the rate hike request, many in the crowd like Louise Charboneau are saying “no way.”
The Illinois Commerce Commission has approved rate increases for the state’s two main electric utilities.
Missouri’s largest power company is seeking approval for a $264 million rate increase.
Ameren Missouri is requesting a 23-million-dollar increase in the line on your bill labeled – fuel adjustment charge.
The 51 million dollar rate hike would raise the average residential customer’s bill more than six dollars a month.
Laclede says the increase would raise the average residential customer’s bill by $4.93 per month.
The rate increase approved Wednesday could mean an extra $10 a month on an average residential bill when it takes effect in January.
Hearings set for today and tomorrow in St. Louis County.
“This isn’t a city issue or a county issue, its a community issue,” explains MSD spokesman Lance LeComb
The process takes 11 months and the new rates would not take effect until early 2012.