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Ameren Missouri Rate Increase Approved

(Farmington) The Missouri Public Service Commission has approved a filing made by Ameren Missouri to raise the fuel and purchased power adjustment charge of FAC on bills of electric customers.

Ameren made two filings with the commission.

In the first one, Ameren proposed to adjust this charge to reflect changes in its fuel and purchased power costs, net off-system sales revenues and associated transportation experienced during the four month period of June 2019 through September 2019.

The second filing was Ameren’s FAC true-up.

For a residential customer using 1,000 kilowatt-hours of electricity a month, this charge will increase by about 59-cents a month from a current credit of about $1.36 a month to a credit of about 77-cents a month.

The change is expected to take effect January 27th.

The FAC tariff allows Ameren to pass increases or decreases in it’s net fuel and purchased power costs to customers outside of a general rate case.

The FAC allows Ameren to recover up to 95-percent of it’s costs, but not all, to encourage conservation and prudence in fuel use by the company.

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