View original content to download multimedia:https://www.prnewswire.com/news-releases/ameren-announces-2021-results-and-issues-guidance-for-2022-earnings-and-long-term-growth-301485302.html, - 2021 Diluted Earnings Per Share (EPS) were $3.84, Compared to $3.50 in 2020, Ameren Announces 2021 Results and Issues Guidance for 2022 Earnings and Long-Term Growth, How to Create Your Shareowner Online Account, https://www.prnewswire.com/news-releases/ameren-announces-2021-results-and-issues-guidance-for-2022-earnings-and-long-term-growth-301485302.html. Cities, Villages, Communities and Adjacent Areas to which this Schedule is Applicable, Standards and Qualifications for Electric Service, - Estimated Charges Associated with Lighting Service - Effective January 2023, Rate MAP-P - Modernization Action Plan - Pricing, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2023, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2022, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2021, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2020, - Historical Rate MAP-P Delivery Charge including Rider ATRB tax benefits - Effective January 2019, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2019, - Historical Rate MAP-P Delivery Charge including Rider ATRB tax benefits - Effective March 2018, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2018, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2017, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2016, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2015, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2014, - Historical Rate MAP-P Delivery Charge - Effective Jan. 2013, Rider MAP-M - Modernization Action Plan - Metrics, Rider MAP-R - Modernization Action Plan - Reconciliation, Rider EVCP - Optional Electric Vehicle Charging Program, - Qualifying Electric Vehicle Facility Specifications, - Historical Retail Supply Charges - June 2016 - Present, - Historical Retail Supply Charges - Before May 2016, Rider PER - Purchased Electricity Recovery, - Annual Retail Purchased Electricity Charge Filing, - Historical Residential Incremental Charges, Rider EF - Excess Franchise Compensation Adjustment, Rider EEA - Electric Environmental Adjustment, - Historical Rider EEA Charges - Rate Zone I, - Historical Rider EEA Charges - Rate Zone III, Rider EUA - Electric Uncollectible Adjustment, Rider GC - Government Compliance Adjustment, Rider HMAC - Hazardous Materials Adjustment Clause, Rider IMF - Electricity Infrastructure Maintenance Fee, Rider RDC - Reserve Distribution Capacity, Rider CEAC - Clean Energy Assistance Charge, Rider ATRB - Advancing Tax Reform Benefits, Rider EE - Energy Efficiency and Demand Response Investment, Rider USS - Utility-Scale Solar and Storage Adjustment, Rider ETAC - Energy Transition Assistance Charge, Rider CSESC - Coal to Solar and Energy Storage Charge, Rider EDITA - Electric Deferred Income Tax Adjustment. Blessing said much of the capacity gap created by retiring coal plants is currently filled by natural gas. Further, in 2021, Ameren increased spending with diverse suppliers, was recognized by DiversityInc as the nation's top utility for diversity, equity and inclusion and enhanced executive compensation ties to sustainability.". Ameren Missouri's mission is to power the quality of life for its 1.2 million electric and 134,000 natural gas customers in central and eastern Missouri. With these rates, you can save by shifting your energy usage to off-peak hours, when demand is lower and you'll pay less. "We are moving off of coal and natural gas. The rate increase is a result of many factors, including power supply prices going up because of global market pressures and a capacity shortage in the region that covers Ameren Illinois customers. ER-2022-0337 when . The energy component covers the actual cost of power and energy procured by Ameren unless an alternate supplier has been chosen. Ameren Electric Rates Increasing On April 20, 2022, Ameren Illinois received electric rate results from the regional grid operator (MISO), which include an increase from $5/megawatt to $236/megawatt and will now cause Ameren electric rates to increase significantly, more than 40 percent, beginning June 1. We also urge people to check on loved ones to make sure they're not taking risks this summer. I think Illinois is well positioned to take advantage of those, and is taking advantage of those, but that's not going to help all that much for this year," he said. Those charges take up about a third to a half of the electric bill. The new revenue will be earmarked for infrastructure and clean energy. CUBHelpCenter.comhas more tips. To help customers who have faced financial hardship due to the COVID-19 pandemic, Ameren Missouri provided $5 million in energy assistance to families across the state and voluntarily enacted a moratorium on disconnections in 2020. Detailed tips and tricks can be found on the Departments website at: https://www.energy.gov/energysaver/spring-and-summer-energy-saving-tips. Beginning in 2024, the states newly passed Climate & Equitable Jobs Act (CEJA) will replace formula rates with a new rate-setting system designed to give state regulators more authority in the process and put greater emphasis on affordability, reliability and sustainability. Ameren Missouri requests 2022 rate adjustments as it continues major upgrades to bolster electric and natural gas systems, Customers benefit from cleaner energy and more reliable service, For further information: Ameren Missouri Communications, 314.554.2182, MissouriCommunications@Ameren.com. Copyright 2021 Illinois Senate Republicans, Springfield OfficeA-Section Stratton Building Office HSpringfield, IL 62706217-782-2479, Quincy Office3601 East Lake Centre Dr.Suite 200Quincy, IL 62305217-223-0833, Jacksonville Office325 W. State St.Suite 102Jacksonville, IL 62650217-223-0833. St. Louis-based Ameren Corporation powers the quality of life for 2.4million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. When typing in this field, a list of search results will appear and be automatically updated as you type. Set your thermostat up by 5 degrees when leaving home for more than 3 hours. Key components of the rate review requests include: While upgrading the electric grid, Ameren Missouri has been able to keep rates stable and affordable for customers, with residential rates more than 20% below national and Midwest averages, according to the Edison Electric Institute Typical Bills and Average Rates Report. And everything helps here," he said. ComEd customers are in the PJM transmission grid, which is not the same territory as Ameren customers. More information can be obtained by calling 1-877-411-WARM (9276) or visitinghttps://www.ameren.com/illinois/residential/energy-assistance/liheap. Blessing said while brownouts due to capacity shortfalls are a possibility this summer, he's not overly concerned. 1 - Electric Service Cancelling 70th Informational Sheet Effective May 2022 On April 20, 2022, Ameren electric received electric rate results from the regional grid operator (MISO), which include an increase from $5/megawatt to $236/megawatt and will now cause Ameren electric rates to increase beginning June 1. Ameren: So what are we paying for delivery rates in 2022? ST. LOUIS, Feb. 17, 2022 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced 2021 net income attributable to common shareholders of $990 million, or $3.84 per diluted share, compared to 2020 net income attributable to common shareholders of $871 million, or $3.50 per diluted share. But she doesn't see expanding production of another fossil fuel like natural gas as a good solution, either. "In 2021, we effectively executed on our strategic plan, which included making significant investments in energy infrastructure to enhance reliability of the energy grid and transition to a cleaner energy future," said Martin J. Lyons, Jr., president and chief executive officer of Ameren Corporation. Set your refrigerator to keep your food at 38 degrees. Ameren Illinois Natural Gas earnings also benefited from higher delivery service rates effective in late January 2021. The company's service area covers 64 counties and more than 500 communities, including the greater St. Louis area. The delivery increase is set to take effect on Jan. 1, 2022. As news media have reported, power prices are increasing significantly and will have an impact on customer electric bills. This component includes the cost to construct and maintain the delivery system to get electricity from the supplier to the customer. The . This, along with our relentless focus on disciplined cost management, will continue to deliver superior value to our customers, the communities we serve, our shareholders and the environment," Lyons said. Ameren Ex 9.0 at 5. Chicago, Illinois 60606 Brownouts are most likely to become a problem this summer, with warmer-than-average temperatures expected throughout much of the MISO region. BREAKING: ComEd makes 4-year, $1.5 billion rate-hike request, ICC grants Illinois American Water $85M rate hike (CUB helped cut increase by $14M), Video: Protect yourself from utility disconnections, New electric rates for ComEd and Ameren customers in 2023. When Ameren Missouri filed its natural gas rate case on March 31, 2021, it sought to increase annual natural gas revenues by approximately $9.4 million. Anytime Users For example, Ameren Missouri has accelerated smart technology upgrades, which are delivering up to 40% improvement in reliability on circuits with the new technology. But, with energy prices soaring, the subsidy will begin to disappear this summer. does not profit off the price of electricitythey pass those costs onto customers with no markup. Walling said coal plants are shutting down because they're uncompetitive with natural gas, not because of clean energy policy. Ameren Illinois offers a program, and more information can be found on their website at the following: Low Income Home Energy Assistance Program (LIHEAP) is a federally funded program that provides qualifying households with monetary relief for their energy bills. Investors, the news media and the public may listen to a live broadcast of the call at AmerenInvestors.com by clicking on "Webcast" under "Q4 2021 Earnings Conference Call," where an accompanying slide presentation will also be available. This increase is unrelated to the increase in natural gas prices and different from what was experienced beginning in Fall 2021 when Ameren gas rates increased, causing heating bills to rise over the winter months. Weatherize your windows and doors to keep cool air in and warm air out. Should Ameren need to implement a controlled brownout, customers can expect to get notice ahead of time. While this doesnt mean the end of rate hikes, CUB and other consumer advocates will be involved in this new process, working to protect and maximize benefits for consumers. "We're anticipating bill impacts on a typical residential customer in excess of $500 a year," he said, noting a typical residential customer uses about 10,000 kilowatt hours of energy per year. Higher earnings were the result of increased infrastructure investments across all business segments. The increases announced in April 2022 are limited to Ameren electric rate prices. Given these uncertainties, undue reliance should not be placed on these forward-looking statements. For Ameren Missouri's natural gas customers, largely located in central and southeast Missouri, the adjustment in base rates would cost about $4 a month for the average residential customer. Ameren Transmission 2021 earnings were $230 million, compared to 2020 earnings of $216 million. That's led to a situation where MISO is warning about broader grid reliability concerns. In addition, Ameren Transmission earnings were negatively impacted by the absence of the benefit from the May 2020 Federal Energy Regulatory Commission (FERC) order addressing the Midcontinent Independent System Operator (MISO) allowed base return on equity and the impact of a March 2021 FERC order addressing the historical recovery of materials and supplies inventories. No, not due to electric rate increases. Except to the extent required by the federal securities laws, we undertake no obligation to update or revise publicly any forward-looking statements to reflect new information or future events. Kolata said major price fluctuations should ease as renewable generation capacity expands, but that will take time. Sign up for the District E-Newsletter below: McClures Legislation Signed into Law Allowing DCFS Employees to Carry Pepper Spray, McClure Recognized for Support of Illinois Businesses, Commission of Government Forecasting & Accountability, https://www.ameren.com/illinois/residential/energy-assistance/liheap, https://www.ameren.com/illinois/account/customer-service/bill/budget-billing, https://amerenillinoissavings.com/residential/energy-savings-center-tips-tools/, https://www.energy.gov/energysaver/spring-and-summer-energy-saving-tips. Ameren Illinois President addresses increase in downstate power prices Letter to the Editor June 2, 2022 Dramatic changes in global energy markets are being felt here at home. Copyright 2021 Illinois Senate Republicans, Springfield OfficeA-Section Stratton Building, Office LSpringfield, IL 62707P: 217-782-8206, District Office20 CottonwoodChatham, IL 62629P: 217-245-7456, District Office229 S. Main Street, Unit BJacksonville, IL 62650P: 217-245-7456. Ameren Parent results for 2021 reflected a loss of $31 million, compared to a 2020 loss of $23 million. Customer billing cycles vary. PJM already did their capacity auction three years ago and locked in lower prices. Ameren Illinois Electric Distribution 2021 earnings were $165 million, compared to 2020 earnings of $143 million. Blessing blames the capacity price spike on a clean energy transition moving too slowly. "We are focused on strong long-term execution of our strategy, which includes investments to modernize the energy grid and transition to a cleaner energy portfolio in a responsible fashion. General Information Distribution Delivery Power and Energy Supply Other Charges Ameren Illinois' Blessing said the company also offers options to help customers with burgeoning bills. Earlier this month, Ameren requested an $83 million electric rate hike from the Illinois Commerce Commission. In order to improve your use of this website, and provide the most relevant information to our site visitors and customers, we utilize text files known as "cookies" that are stored within your computers or mobile devices memory by a website through your browser. ", "I am also pleased to report that we continued to focus on sustainability initiatives tied to environmental, social and governance objectives throughout 2021," Lyons said. "This price spike suggests that we need to move even faster than the timeline in that bill," he said. The rate increase is a result of many factors, including power supply prices going up because of global market pressures and recent public policy that prioritized renewable energy (solar and wind)which has resulted in many fossil fuel plants closing, creating a capacity shortage in the region that covers Ameren Illinois customers. Illinois residents who are struggling to keep up with their increased bills can reach out to Ameren Illinois to request a budget billing program that sets monthly bill amounts at predictable amounts. Adjustments to reconcile net income to net cash provided by operating activities: Amortization of debt issuance costs and premium/discounts, Deferred income taxes and investment tax credits, net, Allowance for equity funds used during construction, Net cash provided by operating activities, Purchases of securities nuclear decommissioning trust fund, Sales and maturities of securities nuclear decommissioning trust fund, Dividends paid to noncontrolling interest holders, Redemptions of Ameren Illinois preferred stock, Employee payroll taxes related to stock-based compensation, Net cash provided by financing activities, Net change in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of year, Cash, cash equivalents, and restricted cash at end of year. LOUIS, Nov. 3, 2022/PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced third quarter 2022 net income attributable to common shareholders of $452 million, or $1.74 per diluted share, compared to third quarter 2021 net income attributable to common shareholders of $425 million, or $1.65 per diluted share. A controlled brownout is when an energy company plans to turn off connectivity for a set amount of time (example: 1-2 hours per day). He agrees Ameren customers will pay more this summer. On April 20, 2022, Ameren Illinois received electric rate results from the regional grid operator (MISO), which include an increase from $5/megawatt to $236/megawatt and will now cause Ameren electric rates to increase significantly, more than 40 percent, beginning June 1. "There's a lot of fossil fuel generation, specifically coal generation, is retiring. In the meantime, were still dealing with the current system, and in December ComEd received a $45.8 million formula rate hike and Ameren a $57.6 million increase. ST. LOUIS, Feb. 11, 2022 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 59 cents per share, a 7.3% increase from the prior quarterly cash dividend of 55 cents per share, resulting in an annualized equivalent dividend rate of $2.36 per share. Service Areas By County Rates Riders General Rules and Regulations Pilots, Variances and Promotional Practices Electric Power Purchases Energy Efficiency and Demand Side Programs Under Ameren Missouri's filing, the rate will increase to approximately $0.95 per Ccf. Consumers who are struggling should contact their utilities to see if they qualify for other energy assistance, inquire about payment plans to pay off debt and learn about energy efficiency programs. Finally, 2021 earnings per share reflected higher weighted-average basic common shares outstanding. This is done to avoid unexpected blackouts, which could leave customers without power for days or weeks. These possible electric disruptions could have an impact on not just Ameren Illinois customers, but all residents whose energy is supplied from the MISO grid. A Joint Service of Bradley University and Illinois State University. Ameren Illinois does not profit from energy supply. Additionally, there is the potential that customers could experience electricity disruptions this summer, such as controlled brownouts due to reliability issues within the MISO territory. Your support truly makes a difference. Customer billing cycles vary. "We care about our customers and want them to know we are here to help in this critical time of need. Beware of alternative supplier rip-offs. Energy will cost about $89 a megawatt hour starting this June, up from $29 per megawatt hour last year. Find out when the offer expires. "We know there are many families who have been deeply impacted by the pandemic and need help to make ends meet," Lyons said. The result for Ameren was historically bad and therefore, prices are spiking for Ameren and the rest of MISO. Power supply prices are going up because of global market pressures, and recent public policy has prioritized renewable energy (solar and wind) which has resulted in many fossil fuel plants closing, creating a capacity shortage in the region that covers Ameren Illinois customers. No. The law, which CUB opposed, used a formula to determine delivery rates, and it opened the door to multiple rate hikes, including ComEd's $199 million increase and Ameren's $61 million hike that both took effect Jan. 1. Dont block the cool air from getting to you. Residential customers pay a charge of $9.00 per month that reflects the costs of making service available, for example, metering, meter reading, billing and customer service. Meter Charge: $4.76/month (formerly $4.66/month), Monthly Customer Charge: $7.51/month (formerly $6.63/month), EDT Cost Recovery Charge: 0.12484/kWh (formerly 0.11732/kWh), 3.249/kWh for the first 800 kWh used(formerly 3.087/kWh), 1.724/kWh for usage over 800 kWh (formerly 1.639/kWh), Standard Metering Charge: $3.40/month (formerly $3.70/month), IL Electricity Distribution Charge: 0.126 cents/kilowatt-hour (kWh) (formerly 0.123/kWh), Single family homes without electric heat, Monthly Customer Charge: $10.44/month (formerly $10.48/month), Distribution Facilities Charge: 3.926/kWh (formerly 3.637/kWh), Monthly Customer Charge: $7.75/month (formerly $7.65/month), Distribution Facilities Charge: 3.155/kWh (formerly 2.948/kWh), Monthly Customer Charge: $11.95/month (formerly $11.89/month), Distribution Facilities Charge: 1.726/kWh (formerly 1.755/kWh), Monthly Customer Charge: $8.43/month (formerly $8.28/month), Distribution Facilities Charge: 1.662/kWh (formerly 1.784/kWh). SPRINGFIELD, Ill. (WICS/WRSP) Temperatures are warming up, but starting in June Ameren electricity customers will now have to pay more to keep the lights on and their homes cooled. Then there's the energy or usage charge, which goes up or down depending on how much electricity is used. Lyons said Ameren Missouri's investments have made a difference for customers. Jim Blessing, Ameren Illinois's vice president of regulatory policy and energy supply, told WCBU in late April that customers can expect "bill impacts in excess of $500 a year." The reality for the zones that do not have sufficient generation to cover their load plus their required reserves is that they will have increased risk of temporary, controlled outages to maintain system reliability, said Clair Moeller, MISOs president and chief operating officer. . Please read on below for more information on what municipal aggregation is, how it works, the potential benefits, and for information on expected Ameren rate increases . 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