News

CUB Says No to Proposed Ameren Rate Hike

CUB Says No to Proposed Ameren Rate Hike

The company which sells electricity to much of Downstate Illinois is asking the Illinois Commerce Commission for more money. The request from Ameren faces opposition from the Citizens Utility Board.

“The company is proposing to raise (electricity) rates by more than $206 million,” says CUB spokesman Jim Chilsen. “That would be an increase of … $10 or $12 per month for average customers of Ameren.”

The money would be for the new power grid, but Chilsen says the efficiencies gained from the improvements should cover their cost.

“After a brutal winter, this is the last news that Ameren customers want to hear,” Chilsen adds.

 

Recent Headlines

in Local

Extension Sought for Medical Marijuana Program

marijuana

Medical marijuana has gotten off to a slow start in Illinois, so one state lawmaker wants to push back the finish line.

in Local

SEIU Rallies to Find Funding for Child Care Program

state_capitol_1

The program's money is about to run out, part of the current fiscal year's budget problems.

in Local

U of I Asks Court to Dismiss Professor’s Lawsuit

university illinois

University lawyers say Steven Salaita had no "binding contract''.

in Local

U.S. Court Declines to Decide Illinois Benefits Issue

gavel2

A federal appeals court in Chicago has declined to resolve a contentious issue over whether Illinois' constitution strictly bars the reduction of retiree benefits.

in Local

Deere & Co. Prepares for Largest Revenue Drop Ever

john-deere-logo

Sales are forecast to fall 17 percent this fiscal year from 2014.