Ameren Corporation · NYSE:AEE
Ameren — Corporate Update (March 2021)
8 slides from Ameren's corporate update, Mar 31, 2021
Slide 1: Missouri Electric and Natural Gas Rate Review Filings
Missouri Electric and Natural Gas Rate Review Filings March 31, 2021
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements Statements in this presentation not based on historical facts are considered "forward-looking" and, accordingly, involve risks and uncertainties that could cause actual results to differ materially from those discussed. Although such forward-looking s
Slide 3: March 2021 Missouri Electric Rate Review Filing
March 2021 Missouri Electric Rate Review Filing • $299 million annual revenue increase request filed Mar. 31 with MoPSC – ROE: 9.90% and equity ratio: 51.9% – Rate base: $10.0 billion (Sep. 30, 2021 estimate) – Test year ended Dec. 31, 2020, with certain pro-forma adjustments through Sep. 30, 2021 –
Slide 4: March 2021 Missouri Natural Gas Rate Review Filing
March 2021 Missouri Natural Gas Rate Review Filing • $9 million annual revenue increase request filed Mar. 31 with MoPSC – ROE: 9.80% and equity ratio: 51.9% – Rate base: $310 million (Sep. 30, 2021 estimate) – Test year ended Dec. 31, 2020, with certain pro-forma adjustments through Sep. 30, 2021 –
Slide 5: Working to Keep Missouri Customer Rates Low
Working to Keep Missouri Customer Rates Low • Ameren Missouri has kept rates stable and affordable for Ameren Missouri customers, with residential rates more than 20% below national Electric Rates3 and Midwest averages1 – Expect to remain well below the Midwest average after the completion ¢/KWh of
Slide 6: Key Customer Benefits Reflected in Rate Requests
Key Customer Benefits Reflected in Rate Requests • Strengthening the grid through Ameren Missouri’s Smart Energy Plan, including infrastructure upgrades bolstering reliability and resiliency, more renewable generation, installation of smart meters, and addition of programs to stimulate economic grow
Slide 7: Key Customer Benefits Reflected in Rate Requests, cont’d
Key Customer Benefits Reflected in Rate Requests, cont’d • Expanding rate options to offer choices as customers can save by using information from their smart meter to help shift the timing of their energy usage, quicker restoration after outages and faster connection when moving or starting service
Slide 8: Glossary of Terms and Docket Numbers
Glossary of Terms and Docket Numbers CAGR – Compound Annual Growth Rate FAC – Fuel adjustment clause MEEIA – Missouri Energy Efficiency Investment Act MoPSC – Missouri Public Service Commission MW – Megawatt OPEB – Other post-employment benefits PISA – Plant-in-service accounting PGA – Purchased Gas