Dive Summary:
- The Illinois Senate on Tuesday passed a bill to allow Ameren Illinois to invest another $330 million over the next decade to improve the state's natural gas infrastructure.
- The utility will replace underground natural gas facilities and upgrade transmission and meters.
- The 10-year upgrade requires a 4% annual average cap on increases to the delivery portion of customers' bills. The legislation now heads to Gov. Pat Quinn for approval.
From the article:
"Ameren Illinois Co. is an electric and gas delivery utility subsidiary of Ameren Corp., which serves 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area of Missouri and Illinois."