Ameren Missouri customers should expect an estimated increase of $3.70 on their monthly bill after April 1, after the Missouri Public Service Commission approved an agreement Wednesday to increase Ameren Missouri's annual electric operating revenues by $92 million.
The utility has said it needed the increased revenue because of new capital investments, transmission and distribution projects, as well as higher transmission operator charges and reduced revenue demand on its system. Ameren serves nearly 1.23 million customers in Missouri.
The agreement continues a clause that allows Ameren Missouri to adjust customer bills up to three times a year.