Ameren to seek rate increase in Missouri, Illinois

Wednesday, February 18, 2009 | 9:50 a.m. CST; updated 10:32 a.m. CST, Wednesday, February 18, 2009

ST. LOUIS — Ameren Corp. is seeking another rate increase in both Missouri and Illinois, citing rising operating and financing costs.

The move announced Tuesday comes on the heels of recent increases in both states totaling more than $320 million combined. St. Louis-based Ameren provides electricity to 2.4 million customers in the two states.

Ameren Chief Executive Gary Rainwater says the company will file for higher rates in late spring or early summer in Illinois. He didn't specify when the rate increase would be sought in Missouri.

Ameren officials didn't say how much of a rate increase they would seek in either state.


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