Ameren Missouri is continuing to research ways to improve energy efficiency. They have recently come out with a proposal that marks the largest plan in the history of the state.
In a proposal submitted to the Missouri Public Service Commission on Monday, the utility company is asking for approval to invest $550 million in 26 programs that could help customers save money, give more control over their energy usage, and expand programs to provide savings for those most in need.
“Customers are going to have new, meaningful ways to save money, enjoy more control over their energy use and positively impact the environment,” said Michael Moehn, president of Ameren Missouri. “Investing in energy efficiency is a key part in our transition to cleaner energy in a way that is cost-effective and environmentally responsible.”
Under the Missouri Energy Efficiency Investment Act, Ameren Missouri is looking to implement 26 programs with $285 million in rebates for residential and business customers, which would run from 2019 to 2024 if approved by the PSC.
“By expanding the program to six years, we’re able to include a wider range of options, including 15 new programs,” said Bill Davis, director of energy efficiency and renewables at Ameren Missouri. “There are savings opportunities for every home and business, including specific savings for limited-income customers and social service agencies.”