Ameren challenges proposal for massive rate rollbacks

Ameren challenges proposal for massive rate rollbacks: "Ameren Missouri on Friday challenged state regulators' authority to roll back electric rates by hundreds of millions of dollars, as a consumer advocate is urging.

The action would threaten the ability to provide reliable electric service, the St. Louis-based utility asserted. The arguments came in response to requests by Missouri Public Counsel Lewis Mills Jr. and a group of big industrial customers to reset electric rates based on a court order by former Cole County Circuit Judge Paul C. Wilson.

Mills contends that Wilson's order requires the Public Service Commission to reduce electric rates for Ameren's customers by $226 million a year."