Summary
Ameren Corporation (AEE) filed an 8-K on May 23, 2003, to report a significant event concerning its subsidiary, Union Electric Company (AmerenUE). AmerenUE has submitted a request to the Missouri Public Service Commission for a phased-in increase in natural gas delivery rates amounting to $26.7 million. This filing directly informs investors about a potential change in the revenue stream from AmerenUE's natural gas operations within Missouri, which could impact the subsidiary's and the parent company's financial performance.
Key Highlights
- 1Ameren Corporation's subsidiary, AmerenUE, filed a request for a rate increase with the Missouri Public Service Commission.
- 2The requested increase in natural gas delivery rates totals $26.7 million.
- 3The rate increase is planned to be phased in.
- 4This action is disclosed under 'Other Events and Regulation FD Disclosure' on Form 8-K.
- 5The filing includes a press release dated May 23, 2003, detailing the rate request.
- 6The press release is incorporated by reference into the 8-K filing.
- 7The event was reported on May 23, 2003, the earliest date of the event.
Frequently Asked Questions
The primary purpose of this 8-K filing is to inform investors that Ameren Corporation's subsidiary, AmerenUE, has filed a request with the Missouri Public Service Commission for an increase in natural gas delivery rates.
AmerenUE is requesting a phased-in increase of $26.7 million in its natural gas delivery rates.
If approved, this rate increase could lead to higher revenue for AmerenUE, potentially benefiting the overall financial performance of Ameren Corporation. Investors should monitor the approval process and any subsequent financial reports for the impact.
More details can be found in the press release issued by Union Electric Company on May 23, 2003, which is attached as Exhibit 99.1 and incorporated by reference into this 8-K filing.