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Customers: Time is not right for rate hike

Customers: Time is not right for rate hike

March 3rd, 2011 in News

Because of the poor economy, it's not a good time to let Ameren Missouri raise its rates.

That was one common message sent to the Public Service Commission (PSC) at Wednesday's PSC rate case hearing in Jefferson City. About 70 people packed the hearing room, some speaking directly to Ameren Missouri's CEO, Warner Baxter.

Baxter said an increased need for energy in the future requires the company to invest for the future.