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Ameren Missouri Seeks Rate Adjustment to Fund Grid Hardening

Ameren Missouri Seeks Rate Adjustment to Fund Grid Hardening

Ameren Missouri has filed a formal request with state regulators to raise electric rates by mid-2027, citing the need to recover costs for storm-resilient infrastructure and expanded power generation. The proposal, currently awaiting an 11-month review by the Missouri Public Service Commission, would increase average residential bills by approximately $13 monthly.

The utility company argues these investments are essential to maintain reliability amidst increasingly severe weather patterns. Aaron Melda, chairman and president of Ameren Missouri, noted that storm-hardening efforts and smart technology installations between January 2025 and May 2026 successfully prevented more than 260,000 customer outages. The proposed rate adjustment aims to fund further grid reinforcements, including the replacement of aging power lines with higher-capacity infrastructure and the fortification of substations.

Beyond grid maintenance, the filing includes a plan to add 400 megawatts of new generation capacity by the end of 2026. These energy centers are intended to support rising demand, while a newly proposed income-eligible discount rate seeks to protect vulnerable households from the full impact of the price hike. Despite the requested increase, the company maintains that its residential rates will remain roughly 27% below national and Midwest averages.

Company officials also addressed the economic impact of data centers, emphasizing that new large-load customers are required to pay upfront for their specific infrastructure needs. Rob Dixon, vice president of regulatory affairs, stated that commitments from these data centers are projected to deliver $21 million in base rate savings over the next two years for the broader customer base. To mitigate financial strain, the utility continues to offer various assistance programs, including the Dollar More initiative and flexible payment options for those struggling with monthly energy costs.

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