One of Illinois’ utility watchdogs is promising to study a new rate hike request by central and southern Illinois’ largest energy provider. Ameren Illinois has asked the Illinois Commerce Commission for about $160 million on the natural gas side of the company and is asking for a four-year electric rate hike of about $435.6 million. It is not known yet what that would mean for the average household.
Citizens Utility Board spokesman Jim Chilsen says he is leery of the utility’s request.
The Illinois Commerce Commission will hold hearings and take comments over the next eight months or so before rendering a decision. If approved, new rates would take effect early next year.
***Courtesy of farmweeknow.com***
