Transcript Slide 1

Ameren
Rates and Regulation
Wilbon L. Cooper
Manager Rate Engineering
Ameren Services Company
A.F.E. Meeting- - April 29, 2003
WHO WE ARE:
Ameren’s Utility Operations
AmerenCIPs - Gas & Electric (IL)
AmerenCILCO – Gas & Electric (IL)
AmerenUE – Gas and Electric (MO & IL)
Key Financial Data (2002):
Electric Customers
1,700,000
Gas Customers
500,000
Generating Capacity
14,500 MW
Electric System Miles
56,500
Total Assets
$13.4 Billion
Total Operating Revenues
$4,623 Million
Note: Includes AmerenCILCO Data
COMPETITIVE ELECTRIC RATES
USA Average
7.38
Percent Below USA Average
AmerenCILCO
-16%'
6.19
AmerenUE - MO
-18%'
6.06
AmerenCIPS
-25%'
5.54
AmerenUE _ IL
-43%'
4.17
0
2
4
6
Cents per Kilowatthour
8
HISTORY OF MISSOURI RETAIL RATES
AmerenUE Missouri Retail Realization
Cents per kwh
7
6.5
6
5.5
1987
1988
1989
1990
Notes: Includes GR Taxes
Does not include Credits
1991 1992
1993
1994
1995
1996
1997
1998 1999 2000 2001 2002
MO RATE CASE SETTLEMENT
Three (3) Year Phase In Decrease
•
Year 1- 50,000,000 Reduction (April 1, 2002)
•
Year 2 – $30,000,000 Reduction (April 1, 2003)
•
Year 3 – $30,000,000 Reduction (April 1, 2004)
•
Total Reduction - $110,000,000
Percentage Reductions by Major Rate
Class Associated with MO Electric Rate Reduction
April
April
April
2002
2003
2004
Residential
-2.5%
-1.4%
-1.4%
Small General Service
-3.0%
-1.9%
-1.9%
Large General Service
-2.5%
-1.4%
-1.4%
Small Primary Service
-2.5%
-1.4%
-1.4%
Large Primary Service
-4.4%
-3.3%
-3.3%
Total
-2.7%
-1.6%
-1.6%
CURRENT RATES:
•
Residential
– Customer Charge
$7.25 (All months)
- Energy Charges
Summer (Billing Periods Of June-September)
7.77 cents per kWh
Winter (Billing Periods of October-May)
•
First 750 kWh @
5.51 cents per kWh
Over 750 kWh @
3.72 cents per kWh
Small General Service
– Customer Charge
Single Phase
$7.25 (All months)
Three Phase
$15.10 (All months)
- Energy Charges
Summer (Billing Periods Of June-September)
7.58 cents per kWh
Winter (Billing Periods of October-May)
Base kWh @
5.65 cents per kWh
Seasonal kWh @
3.27 cents per kWh
CURRENT RATES (Cont’d):
Large General Service
Small Primary Service
$66.00 (All months)
$210.00 (All months)
First 150 kWh per kW of Billing Demand
7.52 cents
7.15 cents
Next 200 kWh per kW of Billing Demand
5.67 cents
5.40 cents
Over 350kWh per kW of Billing Demand
3.80 cents
3.61 cents
Demand Charge
$3.64
$2.89
Large General Service
Small Primary Service
$66.00 (All months)
$210.00 (All months)
First 150 kWh per kW of Billing Demand
4.71 cents
4.50 cents
Next 200 kWh per kW of Billing Demand
3.53 cents
3.35 cents
Over 350kWh per kW of Billing Demand
2.74 cents
2.62 cents
Seasonal Energy Charge
2.74 cents
2.62 cents
Demand Charge – per kW of Billing Demand
$1.30
$1.06
Customer Charge
Summer (Billing Periods Of June-September)
Energy Charges - per kWh
Customer Charge
Winter (Billing Periods Of June-September)
Energy Charges - kWh
CURRENT RATES (Cont’d):
•
Large Primary Service Rate
Customer Charge
$210.00 (All months)
Summer (Billing Periods Of June-September)
Energy Charge
- per kWh
Demand Charge – per kW of Billing Demand
Reactive Charge - per kVar
2.42 cents
$14.48 per kW
24 cents
Winter (Billing Periods Of October -May)
Energy Charge
- per kWh
Demand Charge – per kW of Billing Demand
Reactive Charge - per kVar
2.13 cents
$6.57 per kW
24 cents
Deregulation
ILLINOIS
ACTIVE SINCE 1998
MISSOURI
NO CURRENT LEGISLATIVE ACTIVITY
Ameren Contact for Rate Information:
Mr. Wil Cooper
Manager – Rate Engineering
Ameren Services Company
314-554-3248 (Phone)
314-554-4679 (Fax)
[email protected]