Missouri Public Service Commission

JEFFERSON CITY, Mo.---The Missouri Public Service Commission (PSC) today approved an agreement setting new rates for natural gas customers of Union Electric Company d/b/a Ameren Missouri.

The Commission approved an unopposed agreement reached among the parties in the case: Ameren Missouri, PSC Staff, the Office of the Public Counsel and the Missouri School Boards’ Association.

Under the agreement terms, Ameren Missouri will increase rates by $31.5 million. The amount approved by the Commission is $8.1 million less than Ameren Missouri’s original request of $39.6 million. The new rates will become effective on September 1, 2025.

The agreement also included approval of certain low-income and weatherization programs, including the Critical Needs Program and the Income-Eligible Weatherization Assistance Program.

The Missouri Public Service Commission regulates investor-owned electric, natural gas, steam, manufactured housing and modular units, water and sewer companies, and has limited authority over telephone providers in the state. The Commission ensures the public has access to safe, reliable and reasonably priced utility service. The Commission must balance the interests of the public – ratepayers – as well as company shareholders. In proceedings before the Commission, rates are set to allow the utility company an opportunity – but not a guarantee – to earn a reasonable return on its investment after recovering its prudently incurred expenses.

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Case No. GR-2024-0369