Missouri Public Service Commission

JEFFERSON CITY---The Missouri Public Service Commission has approved an agreement reached by Union Electric Company d/b/a Ameren Missouri, the Staff of the Missouri Public Service Commission and the Office of the Public Counsel which authorizes Ameren Missouri to continue promoting demand-side programs, including energy efficiency and demand response programs under an extension of Ameren Missouri’s Cycle 3 of the Missouri Energy Efficiency Investment Act (MEEIA).

MEEIA was passed by the Missouri legislature and signed into law in August of 2009. The purpose of MEEIA is to encourage investor-owned electric utilities to develop and implement demand-side management programs, which are commonly called energy efficiency programs or demand response programs.

The extension of the Cycle 3 MEEIA plan will run through plan year 2023. It will consist of a number of energy efficiency and demand response programs for residential and business customers.

Under the agreement, Ameren Missouri will continue to offer a Pay As You Save® (PAYS®) program. The PAYS® program allows utilities to invest in efficiency upgrades on the customer’s side of the meter and recover their costs through a tariffed charge on the participant’s bill. Under the agreement, the interest rate charged to participating customers will be reduced from 4% to 3% and applied immediately to the existing PAYS® tariff.

“After reviewing the unopposed Agreement, the Commission finds that it is a reasonable extension of Ameren Missouri’s MEEIA programs through plan year 2023 and should be approved,” said the Commission. “The Commission will also approve the tariff sheet to become effective on November 12, 2021.”

Ameren Missouri provides service to approximately 1.28 million electric customers in Missouri.

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Case No. EO-2018-0211