Statement By CUB Executive Director David Kolata On The $50 Million Ameren Natural Gas Rate-Hike Request

CHICAGO, Jan. 28, 2013 /PRNewswire-USNewswire/ -- Illinois consumers facing a colder winter and the prospect of higher heating bills have gotten another blast of bad news: Ameren has filed for a $50 million natural gas rate hike. It was just a year ago that Ameren received $32 million in gas rate hikes, and now the company is back for more. Illinois consumers must feel nickeled and dimed to death. Since 2008, Ameren, whose parent company made $323 million in third-quarter profits, has increased gas rates by more than $57 million. CUB's legal team will pore over every detail of Ameren's rate-hike filing and over the next 11 months we will challenge every penny the company cannot justify.   

Background on the Ameren Rate-hike Request:

-The Illinois Commerce Commission (ICC) will rule on the Ameren request after an 11-month case in which consumer advocates can carefully examine and challenge the company's arguments.

-These "delivery" rate hikes would increase what Ameren charges to deliver gas to homes. Those charges take up about a third of a bill. The other two-thirds, roughly, is taken up by the price of the actual gas.

-Ameren estimates that its proposal would mean a typical residential customer, using 785 therms of natural gas a year, would pay this amount extra per month: Zone 1 (formerly AmerenCIPS): $2.52; Zone 2 (formerly AmerenCILCO): $4;  Zone 3 (formerly AmerenIP): $2.87.

CUB is Illinois' leading nonprofit utility watchdog organization. It was created by the Illinois legislature in 1983 to represent the interests of residential and small-business utility customers. Since then, CUB has saved consumers more than $10 billion by helping to block rate hikes and secure refunds. For more information, call CUB's Consumer Hotline at 1-800-669-5556.                                          

SOURCE Citizens Utility Board


More by this Source

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.


PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.