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St. Louis-Based Electric Utility Pushes for Deregulation Bill.
Byline: Repps Hudson
Mar. 17--AmerenUE officials are pushing for a bill in the Missouri General Assembly that would put the St. Louis-based electric utility on the road to deregulation, although corporate officials prefer to call the change "restructuring."
Semantics aside, the Legislature could be closer this year than ever to passing a bill that would allow the state's four investor-owned utilities to put their power-producing plants -- fossil-fuel, nuclear and hydroelectric -- in a company that no longer would be regulated by the Missouri Public Service Commission.
After a final rate review by the commission, regulation of the power plants would be transferred from state oversight to the Federal Energy Regulatory Commission. AmerenUE would remain as the regulated company that would distribute electric power.
Illinois already is well into the process of deregulation, with …
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