In a reversal of a January 2016 order, the Missouri Public Service Commission approved a request on January 11 (Case No. ER-2017-0149) filed by Union Electric Company d/b/a Ameren Missouri to adjust the Energy Efficiency Investment Charge (EEIC) Rider that appears on the monthly bills of the utility’s 1.2 million electric customers statewide.
The EEIC Rider filing will increase annual rates by approximately $44.1 million. For a typical residential customer, the surcharge will increase by about 2.8 percent, or $3.03 a month, effective January 26.
In its application last November 22, Ameren Missouri stated that it wished to adjust customer rates to recover the cost of its Cycle 2 Missouri Energy Efficiency Investment Act (MEEIA) programs, which will run from March 1, 2016 through February 28, 2019.
The Energy Efficiency Investment Charge (EEIC) is a charge that “encourages utility companies to implement demand-side and energy efficiency programs and was part of the Missouri Energy Efficiency Investment Act (MEEIA),” the commission said.
In January 2016, the commission had unanimously voted to approve a request filed by Ameren Missouri (Case No. ER-2016-0131) to decrease its Energy Efficiency Investment Charge (EEIC) in the Show Me State.
That adjustment resulted in a reduction of about $7.27 a month for a typical residential customer. Ameren Missouri filed that request for adjustment because its Missouri Energy Efficiency Investment Act (MEEIA) programs had expired at year-end 2015, and Ameren Missouri did not yet have a commission-approved Cycle 2 Plan.