Public hearings address Ameren rate hike - KMOV.com

Public hearings address Ameren rate hike

Is there anywhere for the price of utilities in Illinois to go but up?

You would think not given that Ameren Illinois Utilities is on the cusp of seeing through another rate increase, this time valued at approximately $226 million.

The move has brought stark criticism from Illinois' Citizen's Utility Board, which has recently ratcheted up efforts to fight the increase.

According to CUB, the rate hike would consist of about $181 million in higher electric fees and $45 million from increases in the price of natural gas.

to read the full story from the Intelligencer.

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