JEFFERSON CITY, Mo. (AP) - Missouri utility regulators have signed off an agreement involving Ameren Missouri over solar rebates.
Ameren Missouri asked the Public Service Commission last month for permission to suspend payment of the rebates.
The agreement approved Wednesday calls for the utility to continue the rebates up to a maximum of nearly $92 million. Ameren had paid nearly $22 million from August 2012 through October of this year.
Other parties to the agreement included the Missouri Solar Energy Industries Association and the state office that represents utility customers before the PSC.
A 2008-voter approved law requires investor-owned utilities to derive a certain percentage of their electric generation from renewable resources. It caps rate increases derived from that measure at 1 percent.
SPRINGFIELD, Mo. (AP) - A Springfield utility is planning to partner with two companies to build what would be the largest solar farm in Missouri.
City Utilities says it will work with Solexus Development in St. Louis and Strata Solar of North Carolina to build the 4.95 megawatt system, with construction to begin next spring.
The Springfield News-Leader reports the companies expect to finalize a contract Monday. The system will be built on 57 acres next to an existing City Utilities generation station near Springfield.
Under the 25-year agreement, Solexus will develop the project and Strata Solar will build, finance and operate it. City Utilities' will connect the system to existing infrastructure, then buy the solar power the system produces.
The system is expected to produce about 9.6 million kilowatt hours per year.