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Ameren doesn't need an infrastructure surcharge. That's according to consumer advocacy groups which point to the utility's own financial data as proof.

The Consumer Council, a nonprofit consumer advocacy group, is arguing against passage of Missouri Senate Bill 207 that would allow Ameren to establish a surcharge in order to generate millions of dollars for infrastructure improvements.

Consumer groups argue that the extra revenue isn't needed since the utility earned well above it's authorized return limits in 2012. They also point to a $263 million rate increase that took effect in January.

Ameren officials say the higher than expected profits last year were due to unusual circumstances, like the extra-hot summer, and weren't enough to cover needed infrastructure improvements.
Published in Local News
JEFFERSON CITY, Mo. (AP) - State lawmakers are considering several proposals to improve infrastructure that could hit Missourians' wallets.

One proposal could require residents to pay a higher sales tax in order to pay for transportation projects, and another would let electric utilities seek a surcharge to recoup costs from infrastructure projects.

A third measure would call for issuing several hundred million dollars in bonds to fund improvements on college campuses and state facilities. Taxes that Missourians pay could go to paying off the bonds.

Lawmakers say the influx of ideas comes because there is a new willingness to discuss major challenges facing Missouri. They are skeptical everything would pass in the same year.
Published in Local News

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