FOR IMMEDIATE RELEASE -- December 26, 2018
Contact: Debbie Quick (573) 522-2760
PSC Approves Natural Gas Rate Reduction
for Ameren Missouri Customers
JEFFERSON CITY---The Missouri Public Service Commission has approved an agreement which provides an interim rate reduction of approximately $1.94 million for natural gas customers of Union Electric Company d/b/a Ameren Missouri. The interim rate reduction will take effect on January 2, 2019, and will remain in effect until the Public Service Commission decides a natural gas rate case Ameren Missouri filed with the Commission on December 3, 2018.
The interim rate reduction reflects the impact of the change in the federal corporate income tax rate from 35% to 21% under the federal Tax Cuts and Jobs Act of 2017. For residential customers, natural gas rates will drop by approximately $0.0158 per Ccf (per hundred cubic feet of gas). For a residential customer using approximately 100 Ccf a month, natural gas rates will drop by approximately $1.58 a month. This will appear as a separate line item on the monthly natural gas bill as a credit.
Ameren Missouri provides natural gas service to approximately 131,000 customers in 25 Missouri counties (Audrain, Bollinger, Boone, Butler, Callaway, Cape Girardeau, Cole, Cooper, Dent, Gasconade, Howard, Lincoln, Miller, Moniteau, Montgomery, Morgan, Phelps, Pike, Ralls, Randolph, St. Charles, Saline, Scott, Stoddard and Warren).