ICC tells Ameren to lower electricity rates


Electricity rates could go down, when Ameren is forced to lower their rates for 2014.


Ameren had planned on lowering their deliver rate by $37 million, now they have to cut it to $45 million. The decision was announced Monday during an annual review. The cuts should take effect starting January 1st.


Beth Bosch, a spokes person for the Illinois Commerce Commission said the rate cut was needed because utility over collected on its previous rates.   


The ICC will meet next week to discuss Ameren's natural gas delivery rate.

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