Tag: Ameren

RELEASE: New Missouri law cuts and caps electric rates, enables acceleration of a smarter, more secure energy grid

Electric rates are falling later this summer for Ameren Missouri customers, thanks to a new law updating century-old policies in the state. In addition to a rate cut, estimated at around five percent for Ameren Missouri customers, the legislation also will benefit customers by capping rates and accelerating utility investments to modernize Missouri’s electric grid, which benefits customers by making the grid smarter and more secure. Missouri Senate Bill 564, which was signed into law […]

RELEASE: Ameren receives top diversity ranking from DiversityInc for fourth consecutive year

ST. LOUIS /PRNewswire/ — For the fourth consecutive year, DiversityInc® ranked Ameren Corporation first in the United States on its 2018 listing of the nation’s Top 5 Utilities. In addition, Ameren was ranked first on DiversityInc’s Top 10 Regional Companies list, recognizing a regional focus in the company’s employee base, increased workforce and management diversity as well as strong supplier diversity. Since 2010, Ameren has been recognized among DiversityInc’s top utilities for creating an inclusive […]

RELEASE: Ameren Corporation First Quarter 2018 Earnings Webcast May 9, 2018

ST. LOUIS, April 17, 2018 /PRNewswire/ — Warner L. Baxter, chairman, president and CEO of Ameren Corp. (NYSE:AEE), will join Martin J. Lyons, executive vice president and CFO of Ameren Corp., to discuss first quarter 2018 earnings, earnings guidance and other matters in a conference call with financial analysts on Wednesday, May 9, at 9 a.m. Central Time (10 a.m. Eastern Time). The call will be broadcast live over the Internet on AmerenInvestors.com. Supporting materials for the call will be posted in […]

OPINION: Massive Political Spending by Ameren Pushes Double Digit Rate Increase

It is good to be a monopoly electric company. Ameren Missouri profits are high, its reliability statistics exceed those in neighboring states, and the Public Service Commission (PSC) has granted it several generous rate increases over the years with a 9.54% annual profit allowance. But apparently the utility does not think that is enough, as it is aggressively seeking bonus rate compensation through the state legislature. This anti-consumer measure would impose a new mechanism called […]

RELEASE: Why is Ameren spending so much money on a bill to rein themselves in?

JEFFERSON CITY / March 8, 2018 – It just doesn’t make sense. The bill is known in the Capitol as “The Ameren Bill” because its been written by and lobbied for most heavily by Ameren Missouri, the state’s largest energy provider.  But now proponents are inexplicably trying to dupe the public into refering to it as the “Rate Cut and Cap Act” despite the fact that it will no doubt raise rates for all consumers. […]

STL County earns ACT certified work ready status

On Wednesday, St. Louis County Executive Steve Stenger announced that the county has achieved ACT Certified Work Ready Community status (CWRC) certification. States, counties, and economic development agencies across the United States have adopted the ACT Work Ready Communities program to provide employers evidence of a skilled workforce. According to Stenger’s office, St. Louis County is the largest county by population in the United States to achieve work ready certification. Currently, 323 companies in the […]

RELEASE: Ameren Announces 2017 Results and Issues Guidance

ST. LOUIS, Feb. 16, 2018 /PRNewswire/ — Ameren Corporation (NYSE: AEE) today announced 2017 net income attributable to common shareholders in accordance with Generally Accepted Accounting Principles (GAAP) of $523 million, or $2.14 per diluted share, compared to $653 million, or $2.68 per diluted share, for 2016. The 2017 GAAP earnings included non-cash charges, primarily at the parent company, that decreased earnings by a combined $168 million, or 69 cents per diluted share, reflecting the […]

Senate finds compromise during 24-hour-filibuster, perfects Emery’s utility bill

JEFFERSON CITY, Mo. — After a grueling 24-hour filibuster, Sen. Ed Emery’s SB 564 is advancing in the Missouri Senate. A small group of senators tied up the state’s upper legislative chamber for more than a day, filibustering against legislation that would change utility regulations for utilities looking to invest in their infrastructure. But the real story is the work of the senators, lobbyists, and staff off the floor. While the filibuster may get the […]

Ameren recognized as a military friendly employer

For the ninth consecutive year, a local energy giant was awarded as a military friendly employer by a national survey on Tuesday. Ameren, which is based in St. Louis, was recognized as a military-friendly employer by Victory Media, the publisher of G.I. Jobs, STEM Jobs, and Military spouse. The Military Friendly Employers list is created each year, and is open to companies that have hired veterans in the past 12 months and is based on […]

Ameren launches program to add wind energy customers

Ameren Missouri’s latest program will allow companies and cities across the state to use wind power as a means to produce energy from a renewable source. The Renewable Choice Program, which was announced Monday, will give certain customers the chance to purchase up to 100 percent of their average energy usage from wind for a 15-year subscription, Ameren said in a release. Any size city or municipality can enroll, and non-residential customers — businesses and […]