Expanded energy efficiency and demand response programs
include $200 million in rebates and
incentives
ST.
LOUIS, March 28, 2023 /PRNewswire/ -- Ameren
Missouri filed a plan with the Missouri Public Service Commission
(PSC) to provide 25 programs with $200
million in total rebates and incentives for residential and
business customers over the next three years. The proposal also
includes $67 million in expanded
programs for income-eligible customers and social service
agencies.
The proposed group of programs, under the Missouri Energy
Efficiency Investment Act, focus 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 2024 to
2026.
"Helping customers use less energy not only saves them money but
it also benefits the environment," said Mark Birk, chairman and president of Ameren
Missouri, a subsidiary of Ameren Corporation (NYSE: AEE). "With
just a 15% reduction in energy use through energy efficiency
programs, customers can save the equivalent of about two monthly
bills. Ameren's robust energy efficiency programs also keep overall
emissions lower by reducing the demand for energy."
Ameren Missouri's plan invests $122
million annually in energy efficiency and demand response
over the next three years. As a result, the proposal intends to
save over 800,000 megawatt-hours of electricity, which is equal to
the annual energy consumption of 66,500 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.
"This proposed three-year investment is a testament to the
commitment Ameren Missouri has made to help our customers use
energy more efficiently to save money and meet future needs," said
Tara Oglesby, vice president
of economic, community and business development at Ameren Missouri.
"We also want to make certain these cost-saving programs are
accessible for everyone, so the programs are expanded to ensure
funds for income-eligible customers."
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 will
include incentives for Building Operator Certification training to
assist building managers in maintaining their building's energy
efficiency upgrades. The single-family program will provide energy
assessments and install a comprehensive package of whole-house
energy saving measures at low or no cost to customers. Finally, the
business social services program will deliver, install and assist
with paperwork for low- or no-cost energy efficiency measures in
facilities that serve income-eligible individuals.
The company's proposal also includes a 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 2026.
Ameren Missouri has requested a decision from the PSC by the end
of the third quarter. 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 on Twitter at
@AmerenMissouri or Facebook.com/AmerenMissouri.
View original
content:https://www.prnewswire.com/news-releases/ameren-missouri-proposes-new-ways-for-customers-to-save-money-301782406.html
SOURCE Ameren Missouri