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Stock Details
  • PRICE$76.72
  • PRICE CHANGE$0.51
  • % CHANGE0.67%
  • TWEETS8
  • CONSENSUSBUY

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Course of Action

BUY

Sentiment (10 days)

  •  Strong Buy
  •  Buy
  •  Hold
  •  Sell
  •  Strong Sell

DAILY PRICE CHANGE VS SENTIMENT

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  • BarPrice

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AMEREN CORPORATION (AEE) News

Ameren Missouri offers innovative new program for cities and businesses to achieve renewable energy goals

June 27, 2018 -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE:AEE), is offering a new program to help increase renewable energy use in the state. Today, the Missouri Public Service Commission (PSC) approved the company's Renewable Choice Program, an innovative way for large commercial and industrial customers as well as municipalities of any size to receive up to 100 percent of their energy from clean, renewable resources. The Renewable Choice Program is the first of its kind in Missouri.

"The Renewable Choice Program is a great option for business and municipal customers to increase their renewable energy use," said Michael Moehn, president of Ameren Missouri. "We know customers across Missouri are looking for more choices, control and greater flexibility. This program is one of the ways Ameren Missouri is meeting those needs."

Today's action by the PSC would allow Ameren Missouri to acquire ownership of up to 200 additional megawatts of new renewable energy generation after securing commitments from customers for their renewable energy needs. This filing also allows Ameren Missouri to purchase through power supply agreements an additional 200 megawatts of renewable energy generation to serve customers. This new renewable energy generation is in addition to the company's existing renewable energy strategy set forth in its 2017 Integrated Resource Plan.

The Renewable Choice Program is subject to customer demand and available renewable energy supply. In connection with the addition of any owned or procured renewable energy sources supporting the program, Ameren Missouri will be required to obtain separate PSC approval and acceptable interconnection agreements, as applicable.

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 130,000 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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