The proposal is designed to promote energy efficiency while still allowing the St. Louis-based utility to earn a profit. It has an estimated price tag of $145 million and it would be paid by the utility’s customers, whose residential bills on average would be about $3 a month higher. But Ameren Missouri’s Warren Wood says if approved, customers would save money in the long run.
Thermostats turned to extra low and the blistering heat has put added stress on Ameren Missouri's power system.
There have been a handful of small power outages throughout the region, but so far nothing major. And looking at a week of triple digit high temperatures, Ameren Missouri says it’s ready to take on the extended heat wave.
Ameren Illinois has a new Chairman, President and CEO. Effective immediately, Richard Mark, 57, replaces Scott Cisel, who has "left the company to pursue other interests."
The move is an internal one for Ameren, as Mark jumps over the Mississippi from his former post as senior vice president of customer operations for Ameren Missouri. He's been with the company since 2002.
Shifting into Mark's old spot is Michael Moehn, who will leave a similar post at Ameren Illinois.