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The Public Service Commission approved Ameren Missouri's request to lower part of it's utility rates this week. |
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Wrap: Some Ameren Missouri customers will soon see a reduction in their utility bills - by Ameren lowering its fuel adjustment rate.
The Public Service Commission regulates utilities in the state and must approve all rate changes. The commission's chairman, Kevin Gunn, says the change will be pretty small.
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Description: "I know it's not a lot of money to everybody but they will see a reduction and we hope that there might be more in the future." |
The average customer will save around 21 cents a month on their utility bills.
But these lower rate aren't locked in. They can change up to three times in a single year.
Reporting from the state Capitol, I'm Taylor Beck.
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Some Ameren Missouri customers might see a decrease in their utility rates starting later this month. |
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Wrap: Ameren Missouri will be reducing it's fuel adjustment charge on customer's utility bills.
The Public Service Commission approved Ameren's request earlier this week.
Ameren's vice president of Regulatory Affairs Warren Wood says the change is minimal.
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Description: "Well it is a relatively small reduction in the overall bill, I mean 21 cents a month, it's helpful but in the scope of the total bill, the fuel adjustment cost, usually represents a relatively small percentage and it usually goes up or down with time." |
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Some Ameren Missouri customers may soon see a reduction in parts of their utility bills. |
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Wrap: Ameren Missouri customers will see a smaller fuel adjustment charge rate starting September 24th.
The Public Service Commission, which regulates utilities in the state, approved Ameren's request to lower the rate on Tuesday.
Ameren's vice president of Regulatory Affairs Warren Wood says the change is good for business.
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Description: "Now we want to make sure that we continue to have affordable and competitive rates. You know it's improtant obviously for our community for competitivesness and keeping and attracting and growing businesses but it's important for our company as well. We're healthier when our community is healthy." |
The fuel adjustment charge rate is a part of the customer's utility bill that covers power plant operation costs.
Most customers will see around a 21-cent decrease in their fuel adjustment charge rate on their utility bills.
Reporting from the state Capitol, I'm Taylor Beck.