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The company said the ICC issued an order on December 19, 2024 for Ameren Illinois’ 2024 to 2027 electric distribution service rate plan, and that the approved revenue requirements represent a cumulative four-year increase of $309 million over 4 years compared with the 2023 revenue requirement.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said the ICC issued an order on December 19, 2024 for Ameren Illinois’ 2024 to 2027 electric distribution service rate plan, and that the approved revenue requirements represent a cumulative four-year increase of $309 million over 4 years compared with the 2023 revenue requirement.

  2. The company said Ameren Illinois requested a cumulative 4-year increase of $332 million over the 2023 revenue requirement in its revised MYRP filed in September 2024, and that the increase approved in the ICC order issued in December is $309 million.

  3. The company said the order is based on an allowed return on common equity of 8.72% and a capital structure of 50% common equity, and that the ROE is under appeal. It said rate changes under the order will take effect in late December 2024.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

ICC approves 4-year cumulative $309 million increase in December 2024 order

The company said the ICC issued an order on December 19, 2024 for Ameren Illinois’ 2024 to 2027 electric distribution service rate plan, and that the approved revenue requirements represent a cumulative four-year increase of $309 million over 4 years compared with the 2023 revenue requirement.

Source · Based on the filing body and exhibits

Ameren Illinois’ September 2024 revised request seeks cumulative $332 million increase

The company said Ameren Illinois requested a cumulative 4-year increase of $332 million over the 2023 revenue requirement in its revised MYRP filed in September 2024, and that the increase approved in the ICC order issued in December is $309 million.

Source · Based on the filing body and exhibits

ROE of 8.72% under appeal; rate changes take effect late December 2024

The company said the order is based on an allowed return on common equity of 8.72% and a capital structure of 50% common equity, and that the ROE is under appeal. It said rate changes under the order will take effect in late December 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.