Ameren to reduce electricity rates in Missouri next month
Ameren customers in Missouri will see a more than 6 percent cut in electric rates.
The lower rates come as a result of the Trump tax cuts.
The reduction will go into effect Aug. 1.
Ameren said the company had worked closely with the PSC to “ensure that the benefits of the federal tax reduction are quickly provided to customers.
“The 6 percent rate cut announced today by the Missouri Public Service Commission shows that the bipartisan legislation, which overwhelmingly passed the Missouri legislature less than two months ago, is already having an immediate impact on behalf of our customers,” the statement says.