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Thursday, 25 July 2024

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Ameren Missouri Aims to Expand Energy Efficiency

Ameren Missouri has filed an amended plan with the Missouri Public Service Commission to provide 25 programs with $205 million in total rebates and incentives for residential and business customers over the next three years. The proposal also includes $70 million in expanded programs for income-eligible customers and social service agencies.
Ameren Missouri Aims to Expand Energy Efficiency
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The proposed group of programs, under the Missouri Energy Efficiency Investment Act (MEEIA), focuses 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 2025 to 2027.

"Through this proposed three-year investment, all of our customers have a wide variety of opportunities to save money on their energy costs," said Mark Birk, chairman and president of Ameren Missouri, a subsidiary of Ameren Corporation.

Ameren Missouri's plan includes $123 million in annual investments in energy efficiency and demand response over the next three years. As a result, the proposal intends to save 820,000 megawatt-hours of electricity, which is equal to the annual energy consumption of 67,000 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.

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 assists with benchmarking multifamily income-eligible properties. It also provides incentives for Building Operator Certification training to assist building managers in maintaining their improved building efficiency.
  • The single-family program provides energy assessments and makes available a comprehensive package of whole-house energy saving measures at no cost to customers.
  • The business social services program was designed to deliver, install and assist with paperwork for low- or no-cost energy efficiency measures in facilities that serve income-eligible individuals.

Ameren Missouri plans to partner with Spire Energy on these income-eligible initiatives to provide additional benefits and savings for qualifying customers.

The company's proposal also includes a residential 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 2027.
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