Ameren Illinois unveils $3.5 billion improvement plan while lowering rates

Posted on April 14, 2017
Ameren
Ameren Illinois has filed a plan with state regulators that would lower your power bill. (WJBC file photo)

By RFD Radio

COLLINSVILLE – Ameren Illinois is moving forward with a significant upgrade throughout the state.

The utility’s Kenny Blum says the improvements will occur over the next decade.

“It’s part of Ameren Illinois’ modernization action plan and over the next 10 years we are going to be investing $3.5 billion in improving our aging infrastructure that’s over 100 years old,” Blum said. “We know there’s smart technology out there that can improve reliability for our customers.”

Improvements will be made to substations, transformers, poles and switches.

The utility has also filed a plan with the Illinois Commerce Commission that would lower monthly electric bills by $1.70 per month. It’s the fifth rate decrease the company filed since 2011.

“Illinois’ progressive energy policy is paving the way for Ameren Illinois to build a smarter grid and deliver value to our customers in central and southern Illinois,” said Craig Nelson, senior vice president, Regulatory Affairs and Financial Services for Ameren.

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