Cub Commends Illinois Commerce Commission (Icc) for Following Law, Slashing Ameren Rate Hike
U.S. Newswire › April 29, 2010
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Summary
CHICAGO, April 29 /PRNewswire-USNewswire/ --The Citizens Utility Board (CUB) on Thursday praised the Illinois Commerce Commission (ICC) for slashing Ameren Corp.'s proposed $130 million rate hike-- a decision that protects consumers from an unfair increase while giving the company the funds it needs to provide safe and reliable service.
Although final numbers were not yet in, initial estimates were that the ICC voted 3-2 to cut the proposed increase by about 96 percent, to roughly $5 million, spread out over Ameren's three utilities, AmerenCILCO, AmerenCIPS, and AmerenIP. ICC Chairman Manuel Flores and Commissioners Sherman Elliott and John Colgan voted in favor of the final order. Commissioners Erin M. O'Connell- Diaz and Lula Ford voted against it.See the full content of this document
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Cub Commends Illinois Commerce Commission (Icc) for Following Law, Slashing Ameren Rate Hike
"The ICC followed the law and carefully considered the evidence, which showed that Ameren did not need anything c...
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