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Ameren Proposes Natural Gas Rate Hike
Ameren Illinois is asking the state Commerce Commission for a $50 million rate hike. The utility said the increase is needed to recover its infrastructure investments and the increased costs of delivering natural gas.
"The process takes approximately 11 months, which means we would not anticipate a final order in this case until late December of this year," Ameren spokesperson Leigh Morris said. "Which means any adjustment in rates would not come until either late December or early January of 2014."
If the ICC approves Ameren's request, the average natural gas user would pay an additional $2-$4 per month. Ameren's last natural gas increase took place last January.