Report: Recent rate hikes from Ameren, Spire outpace inflation

3 months ago 7

ST. LOUIS - Recent rate hikes from two St. Louis-area utility providers, Ameren and Spire, are outpacing inflation in Missouri, according to new research from a Missouri consumer advocacy group.

The Consumer Council of Missouri released a report earlier this month that tracked changes to Ameren and Spire bills since 2020. In some cases, monthly bill costs for the average customer have doubled over the last four years, according to the report.

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The report revealed the following trends:

  • The average Ameren summer residential bill rose by 19.56% from 2020 to 2023.
  • The average Ameren winter residential bill rose by 21.05% from 2020 to 2023.
  • The average Spire East customer (St. Louis region) has noticed a 62% increase in the winter bill since the 2020-21 winter season.
  • The average Spire West customer (Kansas Cit...
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