Although I am pleased and thankful that the Legislature didn't pass Ameren's or Missouri American Water's surcharge, I feel compelled to keep this subject in the forefront.
Why, because this may have failed initially, but I can guarantee the utility consumers that at this very moment Sen. Kehoe and his cohorts are feverishly working on another plan to get this approved. They are not sitting back at all.
Recently I read a letter that stated we should be more like St. Louis because they have water ISRS. What the author failed to mentioned (how convenient) is that in the first year of ISRS, Missouri American overcharged by a $1 million and never gave a dime back.
How did they get away with that - monopoly folks, pure and simple. Monopoly utility companies like Ameren Missouri made $400 million in profits and increased our rates $360 million in 2012. Ameren with Kehoe's backing want to put a new surcharge on our bills, and make even more money. Wake up folks, we need to be extremely loud with our voices to deny these monopolies our hard-earned monies, and increasing their management's perks. Call, write to your representatives, don't leave it to the next guy to do it.
Even the Public Service Commission says increasing rates through the so-called ISRS surcharge mechanisms have the impact of charging customers higher rate levels. If this bill is approved, it's like I stated before, it will allow the fox into the hen house unimpeded. The hen house being your wallet/purse. Do you want that?