Expanded energy efficiency and demand response programs
include more than $200 million in
rebates and incentives
ST.
LOUIS, Jan. 26, 2024 /PRNewswire/ -- Ameren
Missouri has filed an amended plan with the Missouri Public Service
Commission (PSC) to provide 25 programs with $205 million in total rebates and incentives for
residential and business customers over the next three years. The
proposal also includes $70 million in
expanded programs for income-eligible customers and social service
agencies.
The proposed group of programs, under the Missouri Energy
Efficiency Investment Act (MEEIA), focuses on:
- Helping customers use energy more efficiently and save
money.
- Educating customers on how to have more control over their
energy use.
- Making it easier for customers to participate by providing
something for everyone.
- Expanding programs to provide energy savings for customers most
in need and increasing program participation in underserved
communities.
If approved by the PSC, the programs will run from 2025 to
2027.
"Through this proposed three-year investment, all of our
customers have a wide variety of opportunities to save money on
their energy costs," said Mark
Birk, chairman and president of Ameren Missouri, a
subsidiary of Ameren Corporation (NYSE: AEE). "Reducing these costs
can significantly help our most vulnerable customers."
Ameren Missouri's plan includes $123
million in annual investments in energy efficiency and
demand response over the next three years. As a result, the
proposal intends to save 820,000 megawatt-hours of electricity,
which is equal to the annual energy consumption of 67,000
average-sized Missouri homes. It
also supports Ameren's commitment to clean by being an integral
part of reducing Ameren Missouri's emissions and the
transformational changes toward net-zero carbon emissions.
"Ameren Missouri is committed to empowering our customers to use
their energy more efficiently, while saving money at the same
time," said Tara Oglesby,
vice president of economic, community and business development at
Ameren Missouri. "Also, by expanding our programs for social
service agencies, they can focus even more of their resources to
improve the communities they serve."
Ameren Missouri's proposal includes income-eligible initiatives
such as a multifamily program, a single-family program and a
business social services program:
- The multifamily program assists with benchmarking multifamily
income-eligible properties. It also provides incentives for
Building Operator Certification training to assist building
managers in maintaining their improved building efficiency.
- The single-family program provides energy assessments and makes
available a comprehensive package of whole-house energy saving
measures at no cost to customers.
- The business social services program was designed to deliver,
install and assist with paperwork for low- or no-cost energy
efficiency measures in facilities that serve income-eligible
individuals.
Ameren Missouri plans to partner with Spire Energy on these
income-eligible initiatives to provide additional benefits and
savings for qualifying customers.
The company's proposal also includes a residential demand
response program, which would incentivize participants with smart
thermostats to reduce energy usage during times of peak consumption
on the Ameren Missouri system. The goal is to enroll more than
80,000 customers in the program by the end of 2027.
Ameren Missouri has requested an order be issued from the PSC by
Sept. 1, 2024. There is still time to
participate in current energy efficiency opportunities offered
through the company. Visit AmerenMissouri.com/EnergyEfficiency to
learn more.
About Ameren Missouri
Ameren Missouri has been
providing electric and gas service for more than 100 years, and the
company's electric rates are among the lowest in the nation. Ameren
Missouri's mission is to power the quality of life for its 1.2
million electric and 135,000 natural gas customers in central and
eastern Missouri. The company's
service area covers 64 counties and more than 500 communities,
including the greater St. Louis
area. For more information, visit Ameren.com/Missouri or follow us at
@AmerenMissouri or Facebook.com/AmerenMissouri.
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SOURCE Ameren Missouri