LETTER: Just say no to Ameren's proposal

Wednesday, February 4, 2009 | 3:41 p.m. CST; updated 10:34 a.m. CST, Wednesday, February 18, 2009

Missourians passed an initiative in 1976 to ban raising electric rates while building a new power plant— known as Construction Work in Progress. Now a 25-page bill to repeal this ban is before the legislature. It is full of special interest regulations to shift all the risk of building Callaway II nuclear plant from Ameren to ratepayers. It gives Ameren a profit incentive to extend the construction time and to allow cost overruns.

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